In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

The current version of the solar tax credit was introduced as part of former President Joe Biden’s Inflation Reduction Act of ...

The law also has limits. It doesn’t cover all of Amaya’s tips. As a single taxpayer, the deduction limit is $25,000, or ...

In a couple of months, tipped employees will be able to deduct a portion or all of their tips from federal income taxes. Here ...

In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...

It’s not the tax relief many workers believe it to be.

Donors have several months to plan their contributions before changes from the One Big Beautiful Bill kick in.

WSJ poll shows Republicans’ challenges in touting the law’s benefits to voters ahead of the midterms.

A recent spike in demand for electric vehicles ahead of soon-to-expire federal tax credits has led Connecticut to lower some ...

Cedric Cromwell, 60, of Attleboro, pleaded guilty in federal court in Boston to four counts of filing a false tax return.