The IRS started accepting 2024 tax returns on Jan. 27, and the agency posted the first statistics from tax season 2025 last ...

The Earned Income Tax Credit (EITC) is a significant opportunity for eligible taxpayers to receive up to $7,830, providing ...

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

Another change to the tax code could mean you get a higher refund this year. A state law that went into effect in January ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

It's 2025, and the federal minimum wage in the U.S. is still stuck at $7.25 an hour—exactly where it's been since 2009. While ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

Missouri lawmakers have begun to consider bills to further one of Gov. Mike Kehoe's biggest priorities -- cutting taxes. A committee on Tuesday considered a bill that would implement a flat income tax ...