Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in ...

If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax ...

The 2024 tax-filing season has begun and the IRS has offered a set of six important tips designed to help taxpayers navigate ...

Some dread doing taxes and wait until the last minute. But millions of others file early to get their tax refunds. What to ...

It’s tax season, which means Michigan residents will be looking for all the ways to save or increase their refund.

A printing malfunction caused about 6,000 1099-G forms to end up at the wrong addresses, a notice posted by the Maryland ...

As property values soar, there's a little-known tax credit saving homeowners big bucks. It's called the Homestead Tax Credit.

With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.

A taxpayer who submits an electronic return with the direct deposit can expect to receive their money within 21 days.