News

Nearly two-thirds of states now have an Earned Income Tax Credit (EITC). Momentum continues to build on these credits that ...
In some cases, states and cities might replace property taxes with sales taxes. But property taxes are “the one real wealth ...
The IRS adjusts its tax provisions for inflation every year, which can help taxpayers avoid so-called "bracket creep." ...
Electric vehicle purchases have long been eligible for a federal tax credit of up to $7,500. That is changing on Sept. 30 ...
The Michigan expanded Earned Income Tax Credit benefits are becoming dependent on federal EITC benefits, which differ ...
When filing your 2025 tax return, the Earned Income Tax Credit (EITC) could offer a substantial financial boost. This refundable credit supports low- and moderate-income workers, potentially providing ...
Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.
The valuable electric vehicle tax credit for new and used EVs is about to end. Here’s what you should do now if you want to ...
Congressional leaders have eliminated nearly all the Inflation Reduction Act’s $45.6 billion in new funding for tax ...
The IRS has clarified some questions surrounding new catch-up contribution rules for retirement savings plans.
Freedom Debt Relief reports that severance pay is taxable as ordinary income, affecting your tax bracket and obligations. Employers may withhold varying amounts based on payment structure.
IRS tax refunds are still being issued to a number of Americans in September 2025, despite the official end of tax season ...