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).

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

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 ...

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

The Social Security Administration (SSA) provides critical financial support to millions of Americans through programs like ...

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

Oregonians have more options for free online tax prep for the 2025 filing season. Some may qualify for the IRS Free File ...

Divorce is a significant life transition that brings about various changes, including how you handle your taxes. To ensure a ...

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

You may qualify for tax credits for caring for a child or dependent or investing in clean energy for your home.

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 ...

This guide covers taxable vs. non-taxable transfers, capital gains tax, retirement account distributions and more.