Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...

Updated taxpayer protections change what the IRS must explain on error notices and how long you have to respond.

Most taxpayers will be in for a pleasant surprise when they prepare their federal income tax returns for 2025. Last July's ...

For millions of workers, tips aren’t just a perk — they’re essential. Data show that about 4 million people in the United States, or one out of every forty workers, depend on tips to pay the rent and ...

This isn’t the first time Trump has promised Americans a windfall from his tariffs, which represent the most extensive levies on foreign products seen in the U.S. in decades. In November, Trump ...

NOTE: An earlier version of this story overestimated how much workers could save in federal taxes under President Donald Trump’s “big, beautiful bill” and did not apply progressive tax brackets. The ...

President Donald Trump’s signature “one big beautiful bill” promises to let workers keep more of what they earn by making tips and overtime wages tax-free. Under the new law, workers can deduct up to ...

Understanding how much you owe in federal income tax starts with knowing the tax brackets and how they’ve shifted year over year. Below you’ll find the latest IRS tax tables, standard deduction ...

Solar panels are seen on the roof of a commercial building in West Los Angeles, on Jan. 4, 2025. Solar panels are seen on the roof of a commercial building in West Los Angeles, on Jan. 4, 2025.Daniel ...

The budget bill approved by the House promises to benefit many food workers, but some details are still unclear. By Julia Moskin As a slogan in last year’s presidential campaign, “no tax on tips” was ...

If you've wanted to install rooftop solar panels or buy an electric vehicle in recent years, you've probably been able to get federal money for them in the form of tax credits. But those incentives ...

New York has been hit with a slew of federal funding cuts and clawbacks in the past month: $18 billion in infrastructure funding for the Hudson tunnel and Second Avenue subway, $34 million in ...