News

The ‘big beautiful bill’ hiked the child tax credit to $2,200 in 2025, up from $2,000 in 2024. Here’s who qualifies for this ...
Refundable tax credits were a big part of state tax policy conversations this year. In 2025, nine states improved or created ...
Over the quarter, Franklin Federal Tax-Free Income Fund fared worse than its benchmark, the Bloomberg Municipal Bond Index. Read more here.
Maryland's chief tax collector said she is focused on returning tax dollars to the tens of thousands of low-income families ...
Teachers using their personal time to tutor students outside the classroom could soon get a federal tax break under a new ...
President Trump signed the “One Big Beautiful Bill” (OBBB) into law, which contains two key provisions that are likely to be ...
Wondering if you're still owed a COVID‑era stimulus check or have heard rumors of another one coming in July? Here's what to ...
To help support that care, the new law includes an expansion of the employer tax credit for ... more of their hard-earned money in their pocket. If Congress failed to act, Americans at every income ...
Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...
Experts say retiree Social Security is still taxable and you'll need to read the fine print to understand your situation and ...
Your taxable income is the portion of your income subject to federal tax, and it’s important for several reasons. To start, ...
A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the Internal Revenue Service increased audits ...