No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they imagined with a deduction.

Even if you live abroad, you’ll usually still need to file a U.S. tax return. But there are ways to reduce or even avoid a ...

The Internal Revenue Service is reminding tax filers about a key credit worth up to $7,830. The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully ...

It might be tempting to underreport your income or tilt the value of tax deductions in your favor. But the IRS has its ...

But the bill does not eliminate taxes on Social Security for everyone, as President Donald Trump had promised. Nor does it change how those benefits are taxed. And the law’s changes affecting seniors ...

The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning even those who do not earn enough money to have taxes withheld are eligible.