If you haven't filed yet, you might want to know that there are new federal income tax brackets for tax year 2024. Every year ...

According to tax experts, income tax officials may conduct an examination of an individual's declared expenses in comparison ...

President Trump has indicated he’d like to do away with the federal income tax, replacing it with tariffs and other taxes on ...

During President Donald Trump's successful campaign bid last year, he proposed eliminating individual income taxes for all ...

There are 32 states, red and blue, who offer some version of an Earned Income Tax Credit, or EITC. Pennsylvania isn’t one of ...

While campaigning for the presidency, Donald Trump suggested abolishing the United States income tax in favor of an "all ...

Trump says his planned tariffs on imported goods would help balance out the loss of federal income tax revenues, but it’s unclear if the tariffs would totally make up for the losses. The U.S. Treasury ...

Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...

The Mississippi Senate has voted to pass a tax cut that reduces the state income tax and the sales tax on groceries while ...

Tax Talk explains individual income tax credits. Refundable can bring a tax liability to zero. Non-refundable can't generate ...

There are general rules for whether you have to file a federal tax return this year, according to the IRS. Even if you don't ...