The official start date of this year’s tax filing season will be January 27, the IRS said Friday. That is the first day the ...

The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.

The final regulations, which include 24 exceptions to consideration of federal tax controversies by the Independent Office of Appeals, generally follow the proposed regulations issued in October 2022.

Use our federal income tax calculator to estimate your liability for tax year 2024. Input your income, deductions, and other ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions, and for ...

The Press Democrat spoke with a tax pro about how the new law will be implemented and how fire victims can prepare.

As a result of the devastation caused by the Los Angeles-area wildfires, residents countywide will have additional time this ...

Leachville, and state Rep. Jimmy Gazaway, R-Paragould, have filed legislation aimed at protecting the rights of more than 500 ...

Tax deductions, on the other hand, reduce how much of your income is subject to taxes. Deductions lower your taxable income by the percentage of your highest federal income tax bracket.

Nearly 2 million Illinois residents will be able to bypass paying tax preparation services in 2025. Gov. JB Pritzker and the Illinois Department of Revenue announced that the state will participate in ...