The legislation, enacted on July 4, 2025, increases the maximum credit from $2,000 to $2,200 per child and indexes the amount ...

Freelancing can be notoriously difficult, but a new tax break might make things easier— that is, if you’re already wildly ...

Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...

I’ll reach my RMD distribution age in 2026, and I’m trying to figure out how much I can transfer from my traditional TSP account into an external Roth IRA in 2025 without exceeding the IRMAA threshold ...

Democrats and Republicans agree that any big bill will include something they hate, including the ones on which they vote ...

Spread the loveWhen filing your taxes, your Adjusted Gross Income (AGI) from the previous year serves as an essential reference point for various processes. It helps you determine your eligibility for ...

France, African countries form coalition to tax luxury air travel France, Kenya, Barbados, and Spain were among the countries that on Monday launched a coalition advocating for taxes on affluent ...

Though Trump proposed ending the tax on Social Security benefits prior to and after his November election, the president's flagship tax and spending bill is missing this key promise.

Elon Musk had advocated ending the $7,500 tax credit for buyers of Tesla and other automakers’ EVs. But with the end of that credit included in the the “big, beautiful bill,” he and the now ...

Just in time for summer vacation, eligible Georgia taxpayers are in line to get a one-time special tax credit of up to $500.

House Republicans’ sweeping budget bill does not eliminate taxes on Social Security benefits — a signature piece of President Donald Trump’s platform — but officials say an enhanced ...

Meta has restructured its AI division, forming new AI Products and AGI Foundations teams to accelerate innovation and better compete with rivals like OpenAI and Google, amidst ongoing talent ...