A step-by-step guide to help you fill ... IRS provides straightforward instructions with the form to help you get it right but always check with a tax professional if your tax situation is a little ...

If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

The 2024 tax-filing season has begun and the IRS has offered a set of six important tips designed to help taxpayers navigate ...

CHARLOTTE — The North Carolina Department of Revenue is waiving penalties for delayed tax returns to assist Hurricane Helene ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points ...

A guide to tax rates, brackets, refunds, deductions, credits, deadlines, and dealing with the IRS-both before and after you file your 1040.

Colorado families with children under 17 are now eligible for the new family affordability tax credit, which can provide up ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

The so-called economic “recovery” since the Great Recession has not worked for many Americans. It certainly hasn’t worked for a lot of Minnesotans who have, or are at risk of having, a lower ...

Are you wondering when your tax return will arrive? You can check your refund status by using the IRS' "Where's My Refund?" ...

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.