Homeowners are rightfully concerned that tax refunds may be delayed due to the government shutdown—but that might not be the ...
The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.
OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.
Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.
The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.
A bill by Sen. David Suetterlein to make permanent the current standard deduction was continued on to the 2027 session by the Senate Finance and Appropriations Committee Tuesday. The state Senate ...
CreditNinja reports that in 2025, 29%-33% of taxes are withheld from paychecks, varying by location and income.
What is the standard deduction? Most taxpayers claim the standard deduction, a fixed amount you can deduct to reduce your taxable income and lower your federal tax bill. Unlike itemized deductions, ...
ABSTRACT: In recent years, guided by the national “dual carbon” strategic goals, the State Taxation Administration and the Ministry of Finance have introduced a series of tax incentive policies. These ...
As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS. Here’s a look at the brackets for the 2025 tax year: ...