Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.

The US government could potentially enter a shutdown next month, the first one that would ever take place during tax filing ...

With the 2025 tax season underway, the IRS' Free File could be just what you need to get your taxes done early and for $0.

Could a 10% flat tax — based on traditional notions of tithing — bring more sanity and equity to the U.S. tax code?

Once again, the old saying that there are two things inevitable in this life: "taxes and death" takes relevance and it is for ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out on claiming the credit.

The CBDT has begun the work of redoing all forms, the rule book will be simplified, redundancies done away with.

Do you have to file multiple federal tax returns? No, you do not file multiple federal tax returns for each job separately.

Michigan's income tax rate returned to 4.25% for individuals for 2024 income. That's up from the temporary 4.05% rate in 2023.

As a result, it's best to work with a trusted tax professional ... the earned income tax credit on their 2023 federal income tax returns. Claiming the credit can reduce the tax owed or may lead ...