The passage of the OBBBA made Trump's tax break promises a reality. While many taxpayers will realize benefits, one group is ...

The bonus reduction will add $670 to the after-tax income of seniors on average.

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

Compare equity and shareholder loans in Indonesia, including tax timing, withholding exposure, and capital recovery ...

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 ...

The state of Indiana offers two different property tax deductions to certain veterans — a $14,000 deduction and a $24,960 deduction. Additionally, under certain circumstances, a veteran may qualify ...

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

Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.

Here’s what’s new for the 2025 tax returns, even if nothing changed, there are several changes to various deductions for filing a return.

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 ...

Tips and overtime are no longer taxed after President Trump's spending bill passed last year.

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