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 ...

Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

JEFFERSON CITY, Mo. -- President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions ...

The tax brackets you fall into determine much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain ...

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.

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

You can avoid paying taxes on your retirement account withdrawals if you have enough deductions to offset the amount you take ...

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

The Illinois Department of Revenue (IDOR) announced they will begin accepting and processing 2025 tax returns on Monday, ...

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending ...