As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

Starting next year, more households will need to calculate or pay the AMT. The rules are complicated. Here's how financial ...

The IRS has released the 2026 tax brackets, as well as the new standard deductions and several other inflation-related adjustments. Although the marginal tax rates have not changed, the new tax ...

Hobby expenses, international tax updates, a government watchdog looks at the IRS, gold and platinum visas, an ERC lawsuit is tossed, tax trivia and more.

A federal judge on Thursday dismissed a defamation lawsuit brought by two IRS agents against prominent lawyer Abbe Lowell, ...

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

The standard deduction is also going to increase for the 2026 tax year, so those high earners who claim the standard deduction will get to subtract more of their money from their taxable income. The ...

What is “middle-class”? Although definitions might vary, the Pew Research Center might have an answer. A recent Pew report found that a family of three could be considered in the “middle” of upper and ...

Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...

The lawyer's claims that plaintiffs had violated federal law were opinions based on disclosed facts, the court concludes.

Experts doubt the effectiveness of ‘no tax on tips,’ especially for California workers who are facing cuts in other benefits.