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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 ...
Over the quarter, Franklin Federal Tax-Free Income Fund fared worse than its benchmark, the Bloomberg Municipal Bond Index. Read more here.
Montgomery among four counties with largest percentages of eligible taxpayers. Nearly 99,000 low-income Marylanders left tax ...
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 ...
The legislation, enacted on July 4, 2025, increases the maximum credit from $2,000 to $2,200 per child and indexes the amount to inflation.
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 ...
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 know.
Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...
The "Big Beautiful Bill" did not actually eliminate taxes on tips, overtime, or Social Security, but many people will be able ...
A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the Internal Revenue Service increased audits ...
The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the ...