Long-term capital gains tax is applied to investments that have been held for over a year before being sold for a profit.

The IRS just announced major tax changes for 2025 and 2026. Learn how new deductions, brackets, and credits could impact your ...

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 ...

The Internal Revenue Service is quietly reshaping how much of your paycheck actually reaches Washington, with changes that ...

States must now decide whether to participate, with their decisions determining the federal credit’s availability to ...

These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

This bonus will come in addition to the existing extra standard deduction for seniors, which the IRS has increased as part of ...

Pass the SALT? What’s next for this federal tax deduction?

Plus: Claiming pets–and people–as dependents, Health Savings Accounts, charitable giving and tax deductions, tax filing ...

The IRS has unveiled a new tax credit under the One Big Beautiful Bill Act to encourage donations to K–12 scholarship ...