Long-term capital gains tax is applied to investments that have been held for over a year before being sold for a profit.
Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.
Treasury Secretary Scott Bessent said that American households could receive substantial $1,000-$2,000 tax refunds in early ...
This bonus will come in addition to the existing extra standard deduction for seniors, which the IRS has increased as part of ...
States must now decide whether to participate, with their decisions determining the federal credit’s availability to ...
Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...
The average American may notice a larger tax return in 2026, according to the White House. Larger child tax credit, an increased standard deduction, no tax on tips or overtime and other tax cuts ...
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
The Clinton County Commissioners will consider an update to its ordinance regarding the distribution of Hotel Tax Funding, ...