Workers still spending their days at home rather than the office because of COVID-19 could be in line for a big break on their city income taxes in 2021. Many may not even know they can claim a refund ...

The Internal Revenue Service has announced annual inflation adjustments for tax year 2022, meaning new tax-rate schedules and tax tables and cost-of-living adjustments for various tax breaks. Most ...

The Penn Wharton Budget Model found that the U.S. effective tax rate would more than triple if the reforms proposed by the House Ways and Means Committee went into effect. Credit: Sydney Judge A ...