The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

Millions of retirees could stop paying federal taxes on Social Security benefits under new legislation and a temporary $6,000 ...

State adopted federal changes while Illinois opted out of deductions ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could impact your tax return this season.

IRS staff shortages and new tax laws mean you should file your taxes early and triple-check everything.

Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply. Read on ...

A tax refund is issued when a person has paid more in federal taxes than they ultimately owe.

The government is considering winding back the capital gains tax concession as part of a broader change to taxes in the May ...

The most recent government shutdown began Oct. 1, 2025, after Congress failed to pass appropriations bills for the new fiscal year.

Alignment of federal tax cuts could cost state $155 million, raising concerns about budget cuts to Medicaid and schools to ...

Patrick Malloy serves as Co-Director, National Tax Practice and Strategy with Crescent Grove Advisors, a boutique wealth ...

While Gov. Janet Mills has proposed the sending $300 "affordability relief checks" to 725,000 Mainers, Republican lawmakers ...