The Trump tax cuts, including the 20 percent Small Business Deduction, are set to expire this year. Here's what to know.

You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked ...

WAHINGTON (7News) — The 2024 tax filing season is fast approaching. The Internal Revenue Service (IRS) will start taking ...

The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children.

Bonus depreciation was raised to 100 percent in 2017’s Tax Cuts and Jobs Act and was scheduled to fall by 20 percent a year ...

Tax season 2025 is here. Many Americans are starting to think about preparing returns. Some of us are putting it off. ...

President Claudia Sheinbaum’s administration will offer greater enticements for companies seeking to relocate their ...

Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...

The tax provision generating the most puns involves the capped deduction for state and local taxes, or SALT. This is ...

The Internal Revenue Service (IRS) is offering clarification for marijuana businesses amid a rule change related to reporting ...

The DOE has launched a web portal to enable faster tax deduction calculations for energy efficiency upgrades that drive 25% ...