Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

WASHINGTON—House Republicans are sharply divided over how much government spending they should cut, and the dispute is ...

Paying taxes is a drag no matter how old you are. But when you’re retired, taxes can be even more of a problem than during ...

As painful as it is to pay taxes during your working years, you might loathe the idea of paying taxes in retirement even more ...

Whether you make $50,000 a year or $500,000 a year, your goal is probably the same — to keep as much of your income as ...

Social Security can generate real income. The more you earned during your working life, up to each year's income caps, the ...

With six councils in England being permitted to raise council tax above the cap, we’ve outlined how council tax works, who ...

The federal government already offers parents a child tax credit of up to $2,000 per child when they file federal tax returns ...

When Trump slashed corporate taxes from 35% to 21% in 2017, corporate spending rose but not enough to make up for government ...

Tax season opened on Monday, January 27, meaning Americans are now able to file and pay their tax returns for 2024 with the Internal Revenue Service (IRS).

Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic Gov. Andy Beshear, who has said he supports the tax cut. It continues a ...