Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total itemized deductions — including mortgage interest, charitable giving, and state ...

A misstep could cost you thousands of dollars.

Being middle class isn't just about your income. It's also about where you live and how many dependents you have.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

If you've recently gone into business for yourself, don't miss these sometimes overlooked credits and tax deductions for the self-employed.

I think we are going to see distinct groups of winners...,” the founder of Illinois-based Powers Financial Group, told Newsweek.

While sole proprietorships are simple and cost-free to maintain, they expose personal assets to business liabilities.

The 2025 tax filing season reflects one of the most significant sets of changes in recent years following enactment of H.R. 1 ...

In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction in Savage v. Commissioner, ...

Earning just one dollar more could mean a $10,000 increase in insurance premiums. By Irena Hwang Josh Katz and Margot Sanger-Katz Obamacare’s open enrollment period is over, and Americans around the ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

KIRO Newsradio has reviewed what appears to be a working draft of the income tax on high earners being developed in Olympia, offering the first detailed look at legislation that has been crafted ...