Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

The standard deduction is essentially a flat-dollar, no-questions-asked reduction to your adjusted gross income ... are ...

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...

Tax filing season has begun. The Internal Revenue Service has information for people who are already filing their returns.

Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

Standard deduction is a flat amount which is automatically deducted from an individual's annual income. This reduces the total taxable income and therefore, lowers the tax liability.

Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...

Very few people like tax season, but missing out on valuable deductions could mean leaving money on the table. Many taxpayers overlook key write-offs that could lower their bills or put more money ...