Budget cuts might be necessary, but Congress should prioritize raising revenue, too.

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

The way to achieve a decreased tax burden is by reducing your taxable income. The IRS offers various tax credits and ...

The same principle applies to your tax return. If you’re in the “rich club” on paper, you’re often on the hook for the ...

Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales back additional cuts from what the House passed. The Senate Finance ...

A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a ...

T he Social Security Administration (SSA) sends out benefit checks to about 70 million Americans each month. The amount each ...

Both versions of the bill include provisions that allow non-itemizing tax payers to deduct charitable contributions.

IRAEmpire.com has released a new and updated guide on selling a business for consumers. SACRAMENTO, CA / ACCESS Newswire / June 21, 2025 / Selling a business might leave you with only 66% of the proce ...

The Social Security Administration (SSA) sends out benefit checks to about 70 million Americans each month. The amount each ...

Senate plan includes a permanent $2,000 charitable tax deduction for joint filers in the “One Big Beautiful Bill” proposal.

Trump's proposed tax plan, part of the 'One Big Beautiful Bill,' introduces a new 'above-the-line' deduction for charitable ...