The 2025 tax season is officially underway with the IRS beginning to accept income tax returns from January 27, 2025. For ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

Among the key changes announced was the introduction of a provision under which individuals with a taxable income of up to Rs ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Federal judge restricts Elon Musk's Department of Government Efficiency from accessing vital payment system, citing risks of ...

You may have heard a lot of talk about 2025 stimulus payments from the IRS. It's been a top search topic online as taxpayers ...

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

The American Rescue Plan, enacted in 2021, aimed to provide financial relief to Americans impacted by the COVID-19 pandemic.

By C. Robert Holcomb and Gary Hachfeld, University of Minnesota Extension There are many changes for tax years 2008 and 2009 resulting from passage of federal tax laws. Some Minnesota taxpayers ...

As inflation continues to strain American households, many are hopeful for a new round of government stimulus checks. While ...

While taxes often seem like an unavoidable burden, they can also offer unexpected benefits. The IRS recently announced a ...

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...