Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

Generally, after September 30, 2025, the Treasury Department has said that all federal agencies will cease sending and receiving paper checks as a form of payment. However, there are ways to pay the ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

President Donald Trump’s One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 from the previous $10,000, as previously reported by GOBankingRates. For ...

Q: I plan on purchasing gold coins for investment and possibly provide gifts to some relatives. A: An excellent source for this issue is“ Your Guide to Paying Taxes on Precious Metals.” The source is ...

People are increasingly handing decisions over to AI systems. Already, AI manages investment portfolios, screens job candidates, recommends whom to hire and fire, and can fill out tax forms on ...

Rachel Reeves admitted that high taxes hit the economy today as she begged ministers to rein in spending. The Chancellor said the burden 'does impact growth' - arguing that expanding UK plc is the ...

The 2022 Inflation Reduction Act allocates $780 billion for climate change, including tax credits for clean energy. Homeowners can get a 30% tax credit for installing solar systems, boosting ...

Six years ago, Rick J. Taylor was at the pinnacle of his profession as a partner in the national tax practice of KPMG Peat Marwick, based in Washington, D.C. Not yet 40, the University of ...