WASHINGTON, D.C. — Taxpayers filing 2025 returns will see new deductions for tips, overtime pay, car loan interest, and ...

There’s no requirement that the form be downloadable, but the Internal Revenue Service does require 1099-INT forms to be ...

From phishing emails to bogus tax credits, the IRS warns that scammers keep changing tactics. Here’s what you should know about the most common tax scams now.

The agency still offers a Free File program that works with commercial tax software firms. Some companies also offer free ...

A perfect storm is hitting state budgets. President Donald Trump’s One Big Beautiful Bill Act has cut billions in federal support for Medicaid and food stamps, adding to state shortfalls related to ...

Forty-one states don't tax Social Security payments at all. The federal government taxes anywhere from zero to 85%, depending on one's combined income. However, a tax deduction in place for 2025 ...

PHOENIX — Arizona taxpayers may be left in limbo this tax season after Gov. Hobbs vetoed a tax bill. Current state tax forms instruct Arizonans to take tax breaks passed by Congress last year. That's ...

State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest Republican changes out of their tax codes. By Andrew Duehren Reporting from ...

Corrections & Clarifications: This story has been updated to correct when Colorado taxpayers will have to add the portion of overtime pay that will not be subject to federal income taxes back to their ...

Whether the Federal Reserve is engaging in quantitative easing is purely semantic, according to Alden, who says all roads lead to debasement. The US Federal Reserve is entering into a “gradual” era of ...

A growing debate over how tipped income is taxed in Illinois has resurfaced as state Rep. Regan Deering, R-Decatur, introduced legislation aiming to align Illinois law with the federal “No Tax on Tips ...