Taxable income is the portion of your income that the IRS considers subject to federal income tax. It includes both earned income, such as wages and self-employment earnings, and unearned income, such ...

Interest is one of the many benefits you can receive when you set aside money in a savings account. When you earn interest, your financial institution is essentially paying you to keep your ...

David Oeth from Volunteer Income Tax Assistance sat down with ABC 6 News to outline four major changes that could save people money when filing their taxes.

While it often feels like the IRS taxes everything, several types of income are completely exempt from federal taxes. Understanding what qualifies as non-taxable income can save you money and ensure ...

A person of interest in connection with the abduction of Nancy Guthrie was detained south of Tucson, Arizona on February 10.

Previously, the only revenue dedicated to school construction was about $100 million a year in property tax revenues. The year before WC-1 passed, property tax for construction was only $52 million, ...

COLUMBUS, Ohio — Ohio has forgone over $80 million in revenue, and counting, since the beginning of a program that gives people a tax benefit for private school donations – another layer of public ...

The city’s general fund revenues are estimated to be less than expected by $188,530, primarily due to the latest projections from the city’s sales tax consultant, HdL. This news is ...

As homeowners across the U.S. prepare to file their taxes this season, they may be wondering what deductions they qualify for and whether it's worth itemizing or sticking with the standard deduction.

President Donald Trump's "big beautiful" tax law provides a new senior "bonus" or deduction of up to $6,000 per individual or $12,000 for married couples. The temporary deduction applies to taxpayers ...

M&T Bank (MTB) delivered Q4 earnings that handily topped the Wall Street consensus, helped by stronger-than-expected noninterest income, with mortgage banking revenue exhibiting 32% Y/Y growth. The ...