New tax laws under President Donald Trump could allow millions of Americans to pay no federal income tax for 2025. These ...

For more than three years, federal student loan borrowers have been shielded from paying taxes on forgiven debt, a rare bit ...

The penalty for underpaying your taxes will remain the same this winter as it is now. The IRS has announced that the interest rates it charges for underpayments will not change for the first quarter ...

South Dakota is the fourth state in the country to commit to President Donald Trump’s federal education tax credit program, ...

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger credits for families, adoptions, and employer-provided childcare. The top ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...

Nine states tax Social Security benefits, but many seniors in these states won't owe any state taxes on their checks. Federal Social Security benefit taxes are more difficult to avoid. You can request ...

The good news is that most states don't tax benefits -- and the number is growing. But keep in mind that federal tax rules still apply regardless of your state's rules. The IRS uses your combined ...