The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...
The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.
With the self-assessment deadline just three weeks away, taxpayers who need to report capital gains should take extra care to ...
Republican lawmakers pushed through a $440 million package of tax cuts Thursday that is almost certainly headed to a veto by ...
A quick and easy paperwork change could avoid your children paying inheritance tax on your pension if you act now. Here’s how ...
The following 42 states, along with Washington, D.C., currently do not tax Social Security benefits: West Virginia is the ...
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15 commonly missed tax deductions you can take advantage of
For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or ...
The BARCODE Efficiency Act is a companion to 2025 Senate legislation requiring scannable code on paper forms and the use of ...
Mercury reports most business credit card rewards are not taxable, treated as rebates, but bonuses not tied to spending may ...
Learn about tax attributes, which are reductions in tax credits, losses, and property basis when debt cancellation is excluded from taxable income.
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