The standard deduction is set to climb again for the 2025 tax year, with married couples filing jointly able to shield ...
The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...
In this week's Ask the Editor Q&A, Joy Taylor answers questions on the 20% tax deduction for qualified business income or QBI ...
The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there were seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
When their working days eventually come to an end, many retirees will think about the best place to spend their golden years. Not all states treat retirement income – such as pension payouts or ...
Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
Bloomberg Tax & Accounting released its annual report Thursday projecting U.S. tax rate brackets, standard deduction amounts, and alternative minimum tax exemption amounts for the year ahead. The ...
Burleigh County delayed sending income tax forms to election workers due to confusion over which form they should receive. Meanwhile, county Human Resource Director Pamela Binder believes that Auditor ...
With the Florida Panthers playing in their third straight Stanley Cup Final, a trend that already had a good deal of attention is now downright impossible to ignore. The 2025 Stanley Cup Final is the ...