The House bill would increase the child tax credit to $2,500 per eligible child from 2025 through 2028, among other changes.

On May 20, 2025, the U.S. Senate passed the “No Tax on Tips Act” with unanimous consent. The bill now heads to the U.S. House ...

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

If you're still waiting for your 2025 IRS tax refund, you're not alone. Many taxpayers are experiencing delays due to various ...

Millions still waiting on IRS tax refunds in May 2025. Here are four common reasons for the delay and how to fix them.

The ill effects on finances as a result of divorce due to child support, alimony, reduction in income, Being financially ...

Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

All U.S. taxpayers, regardless of where they live, must report worldwide income to the IRS. That includes wages, interest, ...

Thousands of taxpayers in the United States are eagerly awaiting their IRS refund for 2025. This additional income can ...

Tax filing deadline looms for one group of U.S. taxpayers -- those who are U.S. citizens or resident aliens now working or ...