IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

Michigan's income tax rate returned to 4.25% for individuals for 2024 income. That's up from the temporary 4.05% rate in 2023 ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

A large tax refund can feel like a win. But if you're living paycheck-to-paycheck, that refund might actually be hurting you.

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...

Learn how to create a personalized drawdown strategy that maximizes your retirement income while minimizing your tax burden.

In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...