Average tax refunds so far in 2025 are up 7.5% but IRS still receiving fewer early returns
The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.
Are you owed a tax refund from the IRS? Clock is ticking in Florida to claim $61 million
The median potential refund nationwide is $781 for 2021. Florida, with 69,800 individuals who did not file, is just below the ...
Income Less Than $150,000? Donald Trump May Have A Tax Gift For You
President Donald Trump may cancel income tax for Americans earing below $150,000 annually, Commerce Secretary Howard Lutnick ...
Your Social Security Benefits Could Be Taxed Twice if You Live in Any of These 9 States
Taxes on Social Security benefits have gotten a lot of attention over the last few months, ever since President Trump vowed ...
A child tax credit is once again being discussed in Connecticut. Here's what it would do
If either of the proposed child tax credit bill makes it out of committee and becomes law, advocates said the investment will ...
What is DOGE dividend check? Who qualifies for $5,000 stimulus check? Here's what to know
Wondering if you are going to get a $5,000 check from DOGE? Here's an update on what stimulus check is about and if you ...
Will federal budget cuts sink CT tax break for families?
Advocates say tax relief such as a child tax credit is needed now as support programs shrink, but federal cuts could complicate matters.
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Weird IRS tax breaks include pet moving expenses, boat repairs. How tax deductions work
Here’s what to know about tax season and Tax Day, a quick explainer on how tax breaks work and a list of 10 strange, creative IRS-approved tax breaks.
Donald Trump planning no tax for below $150,000 earners? Here’s what US Commerce Secretary Howard Lutnick said…
US Commerce Secretary Howard Lutnick said that Donald Trump aims to abolish taxes for those earning less than $150,000 a year ...
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File Your Tax Return for Free: What to Know About the IRS Free File Program and Its Limitations
With the 2025 tax season underway, the IRS Free File partnership could be just what you need to get your taxes done with ease ...
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Immigrants pay 19.2% of taxes in the United States, more than $650 billion
Undocumented individuals, who make up nearly 25% of all immigrants, contributed $89.9 billion, or 2.6% of federal revenue ...
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Trump aims to 'eliminate' tax for middle class Americans but there's one problem
Donald Trump has outlined his aims to 'eliminate' income tax for middle class Americans but there's one problem which will impact the rest of the world.