In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return ...

Gov. Whitmer is expected to propose a road funding plan next week that includes an increase in the 6% corporate income tax, ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

Tax experts yesterday urged the government to provide further clarification regarding raising the Withholding Tax (WHT) from 5 percent to 10 percent. As the measure includes a provision for the ...

Tax experts yesterday urged the government to provide further clarification on the increase in withholding tax (WHT) from 5 percent to 10 percent. The move includes a provision for the Inland Revenue ...

Not everyone is required to file taxes, but most Americans must and probably will submit a return. Some will even do so today, the first day the IRS is accepting and processing returns this tax ...

The 2024 tax season has begun and the deadline for most people to file their federal tax returns is April 15, 2025. Some Americans have a different due date, however, and state filing deadlines ...

Tax season has officially begun, as the IRS is now accepting 2024 federal tax returns as of today, Monday, Jan. 27, 2025. Today also marks the first day taxpayers can use Direct File to submit ...

As we enter 2025, taxpayers nationwide are bracing for significant tax reforms. You've probably heard about changes that will come at the federal level as a new administration enters the White ...