Long-term capital gains tax is applied to investments that have been held for over a year before being sold for a profit.

Treasury Secretary Scott Bessent said that American households could receive substantial $1,000-$2,000 tax refunds in early ...

Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

States must now decide whether to participate, with their decisions determining the federal credit’s availability to ...

Major tax bracket and deduction changes are coming in 2026, making it essential for taxpayers to understand the new rules and ...

This bonus will come in addition to the existing extra standard deduction for seniors, which the IRS has increased as part of ...

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

The average American may notice a larger tax return in 2026, according to the White House. Larger child tax credit, an increased standard deduction, no tax on tips or overtime and other tax cuts ...

With an expected historic refund season on the horizon, new law brings major shifts to credits, deductions, and planning for families and small businesses. HURST, TX / ACCESS Newswire / December 15, ...

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

Tax loss harvesting focuses on stocks to sell as 2025 has produced a wide dispersion of returns. Click here to see the top ...

A statewide task force advanced 19 property tax reform proposals as advocates press a 2026 ballot question to replace ...