CHARLOTTE — The North Carolina Department of Revenue is waiving penalties for delayed tax returns to assist Hurricane Helene ...

If lawmakers fail to extend these provisions, 62% of filers would see a tax increase. A failure to extend the TCJA’s ...

With the Tax Cuts and Jobs Act (TCJA) set to expire in 2025, its future hangs in the balance, y the possibility of extending or modifying this significant tax legislation looms large.

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points.

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly ...

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

Americans with a Roth IRA, or individual retirement account, and who plan to retire abroad may want to consider some risks. With a Roth IRA, you can make after-tax contributions and tax-free ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

By C. Robert Holcomb and Gary Hachfeld, University of Minnesota Extension The new “2007 Ag Income Tax Update for Farm Families” from University of Minnesota Extension outlines tax law changes ...

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...