The nonpartisan Senior Citizens League expects the COLA to be 2.3% for 2026, based on a forecast that inflation will drop throughout the coming year. Another forecast by independent Social Security ...

Lawmakers adopted the Tax Cuts and Jobs Act (TCJA) of 2017 and it represented the most significant tax policy overhaul since ...

It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.

It’s 2025, and with it come major tax law changes for LLC owners. It’s crucial to stay in compliance and understand the ...

Tax season can be daunting, especially when faced with a bill you can't immediately pay. Understanding your options with the ...

Moving states can sometimes pay off during tax season. This was certainly the case for Amazon founder Jeff Bezos, who saved an estimated $1 billion in taxes in 2024 by moving from Washington ...

This is the big one. April 15 is the deadline to file your federal income tax return for 2024 unless you request an extension ...

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

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 ...

If you don't think you can finish filing your income taxes by the April 15 deadline, you have options. To start, you can file a free tax extension that will give you an additional six months to ...

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...