Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for ...

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

The tax provisions of the House Republican reconciliation bill double down on the failures of the 2017 tax law, which was ...

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

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

The popular IRS Direct File program, which lets you prepare and file your return for free, will be cancelled if the ...

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

Social Security and 401(k) plans may form the cornerstone of your retirement plan. But to ensure financial security, consider ...

The IRS has announced a significant relief for U.S. taxpayers living and working overseas, offering an automatic extension to ...

Tax breaks on overtime pay and tipped earnings passed the House on May 22, 2025, as part of the “One Big Beautiful Bill Act” (H.R. 1). The ...

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 ...