Though many people would prefer it wasn’t the case, in the United States, you’re required to pay federal income taxes on the ...

Rep. Dave Taylor's USA Car Act mirrors that of fellow Ohio Republican Bernie Moreno, an auto-dealer-turned-senator.

In April 2024, when running for re-election, President Joe Biden vowed to let the Trump tax cuts expire. And recently on the ...

The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might ...

Most taxpayers are staring down an April 15 deadline for filing their taxes, unless they ask for an extension or reside in one of 13 states where the IRS has extended the filing cutoff date due to ...

These two tax terms are probably the ones my clients confuse most often. Think of a tax credit as a gift card applied to your ...

President Trump all but rejected a proposal floating around amongst congressional Republicans to jack up taxes on millionaires to pay for the “big, beautiful” agenda package.

The Qualified Business Income Deduction lets many small business owners deduct up to 20% of their income. Unless Congress ...

A new legislative proposal introduced in Congress seeks to make American-made vehicles more affordable by allowing consumers to deduct auto loan interest from their taxes, aligning ...

Though many people would prefer it wasn’t the case, in the United States ... more than the Standard Deduction of $12,950, you won’t have to file your income tax return.