The agency has said thousands of taxpayers have filed inaccurate returns after following misleading social media advice.

The tax break for tipped workers, worth up to $25K in 2025, sounds straightforward but doesn't apply to all tips or all jobs and occupations.

AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights ...

Tax-exempt hospitals provided nearly $149 billion in total benefits to their communities in 2022 alone (the most recent year ...

While the Kyle City Council did give initial approval to increase the tax rate, it wasn't enough to trigger an election.

Right now, you can get a 30% tax credit (up to $4,000) on a used EV. That means buying a low-mileage 2024 Nissan Ariya ...

Social Security benefits can be subject to federal taxation depending on your total income, and they can bump you into a ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

Recent IRS data highlights a stark divide in tax payments, revealing a progressive system where the wealthiest pay the most.

Navigating the complexities of Required Minimum Distributions (RMDs) and lottery winnings can be daunting. Both have significant tax implications that can impact your financial planning.

For other pension funds, if approved under section 10 (23AAB) of the Income-tax Act, the entire commuted value of the pension ...

Navigating the complexities of Required Minimum Distributions (RMDs) is crucial for IRA account holders aged 73 and above.