The Internal Revenue Service has announced annual inflation adjustments for tax year 2022, meaning new tax-rate schedules and tax tables and cost-of-living adjustments for various tax breaks. Most ...

If you owed money on your Virginia tax return in 2021, you were in luck in 2022. That's because the Virginia General Assembly passed a law giving some Virginia taxpayers a 2022 tax "stimulus" rebate ...

The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...

Days after instructing taxpayers in certain states to delay filing their 2022 federal tax returns if they received state general welfare or disaster relief payments or refunds in 2022, the IRS late on ...

When it comes to federal government spending, Social Security is right near the top of the list. About one-fifth (21%) of the 2022 federal budget went to Social Security, according to the Center on ...

The tax code currently has seven income-tax brackets for individuals that range from 10% to 37%. The 10% rate takes effect at the first dollar of taxable income, after benefits such as the standard ...

With the new year here, it’s officially time to start marking the dates of federal holidays on our calendars in anticipation of the long weekends we can expect. First introduced by Congress in 1885 ...

Eighteen federal agencies reported roughly $247 billion in improper payments across 82 programs for fiscal year 2022, according to a report released recently by the Government Accountability Office.

It's that time of year again! The 2022 Federal Benefits Open Season is from Nov. 14 through Dec. 12. During this time, eligible employees can enroll, change, or cancel their enrollment for the Federal ...