Trump’s new tax law offers breaks on tips, overtime, and more for Americans under specific income limits. Learn if you ...

Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

The megabill that's bound for the president's desk contains tax breaks that could save some Americans - including tipped workers, employees working overtime, car buyers, seniors and certain homeowners ...

Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might qualify for tax credits.

Ending tax credits isn't good news for the US EV industry, but it isn't the knockout blow that it could've been.

Tax credits for EVs, rooftop solar, heat pumps, energy-efficient windows, and more are on the chopping block. Take advantage ...

Considering state taxes only, paying taxes on $300,000 of taxable income (adjusted gross income) would leave a single taxpayer or married taxpayer filing separately with $275,447.15. $300,000 is ...

Alternatively, if the medical bills belong to your spouse, they could deduct anything over 7.5% of that $45,000 AGI, or $3,375. That would mean a $2,625 tax deduction when filing separately.

When taxpayers in Georgia and North Carolina file their annual returns, however, they start with adjusted gross income. When tax filers in South Carolina fill out their state 1040 form, they will ...

Key financial inputs include AGI, tax-exempt interest income, untaxed income and reportable assets. This data is used to generate the SAI, which schools then use to determine financial aid packages.

Mark your calendar: The deadline to file personal federal income tax returns is April 15, 2025. If April 15 falls on a weekend or holiday in a given year (it doesn't in 2025), the deadline would ...