What is Tax Liability? Understanding Your Financial Obligations
Understand what tax liability is, how it's calculated, and its impact on your finances. Learn about different types of tax ...
What is the additional tax deduction for people over 65 in 2025? This is the exact amount
The Inflation Adjustments announced by the IRS affect some amounts in credits and deductions for 2025, for the better, as tax ...
What Are the Tax Rates for the Alternative Minimum Tax (AMT)?
The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...
Beware of tax scams: IRS unveils 2025 'Dirty Dozen' list to watch for
Scammers are 'relentless,' according to new IRS alert listing the 'Dirty Dozen' tax scams. Bad social media advice triggers ...
Tax refunds are larger in 2025. Here's why
Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.
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Fun or frugality? Here are best ways to use your tax refund
Many Americans are in line to receive a refund from the IRS this tax season. Here are the best ways to put that money to use.
Tax Write-Off vs. Tax Deduction vs. Tax Credit: What’s the Difference?
While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, you are only reducing the amount of income subject to tax, but a credit ...
What are the tax benefits of being a parent? Here are 5 tax breaks for people raising kids
Here's a quick explainer on how tax breaks work, five different deductions the IRS offers for parents and what to know about ...
North Bay Business Journal3d
State cannabis tax revenue down by 13% in Q4
California's cannabis tax revenue for Q4 2024 declined over 13% reportedly due to ongoing challenges such as wildfires and ...