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

Gov. Greg Abbott said cutting taxes is a top priority, however, state lawmakers don’t have as much money to plug into tax ...

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to avoid an audit.

Have you ever heard of anyone complaining about making more money? If you have, they probably grumbled about moving up a tax ...

Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring ...

Navigating the complexities of the U.S. tax system can be daunting, but understanding your tax bracket and how it affects ...

If you live in one of nine specific states, however, you're likely to see your take-home pay increase a bit, after lawmakers ...

It appears they are prepared to do so at the expense of the poor and middle class, by yanking health care coverage from ...

EXG offers a high dividend yield of 9.2%, focusing on tax-efficient income and capital appreciation. Read why I'm neutral on ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

However, the decision to exchange your annuity should not be taken lightly and may even have financial consequences. Unfortunately, it’s not as simple as cashing out and moving on to another savings ...

The 2025 tax season got underway this week as the Internal Revenue Service began accepting 2024 tax returns. Those who are planning their 2025 tax strategy ...