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

Once a return is submitted, taxpayers can monitor its progress using the IRS's "Where's My Refund?" tool, which is available on the IRS website. For electronic filers, status updates are typically ...

Every year at the start of tax season, the question is whether the chronically underfunded IRS will be a hot mess or whether ...

Iowa adopted the federal changes, including deductions on overtime pay, while Illinois opted out of the bill’s provisions. Workers who receive qualified tips can deduct a maximum of $25,000, according ...

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

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

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.

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

The House is expected to vote this week on a measure to block D.C. from opting out of the Trump administration’s federal tax cuts — an effort that could lessen the city’s anticipated revenue by $600 ...

The One Big Beautiful Bill Act (OBBBA) offers two of the most talked-about tax changes for working Americans: No Tax on Tips ...

Mark Wynn, vice president of tax for Lamb Weston, said conformity is “the right choice for Idaho” but maintained concerns about several business provisions. He pointed to a restriction in the bill ...

To prevent the state’s budget from hemorrhaging nearly $1 billion in revenue under federal tax changes during the next two ...