People understandably gripe about the complexities of the federal income tax laws. Filling out your tax return is not as easy as just writing a couple of numbers down on a postcard and sending it to ...
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
IRS: Learn how to claim new tax deductions available in the IRS Schedule 1-A, covering tips, overtime pay, car loans, and enhanced deductions for seniors.
Tax expert Bob Keebler breaks down several changes to the tax code — from the SALT cap to Roth conversion strategies — that ...
What is “middle-class”? Although definitions might vary, the Pew Research Center might have an answer. A recent Pew report found that a family of three could be considered in the “middle” of upper and ...
"Individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the 'half' portion of 'time-and-a-half' compensation," the IRS said. The ...