US retirees above 65 can take a special standard deduction on top of the regular deduction. They can also get tax credits if they have low incomes.

President Joe Biden has signed into law a measure that boosts Social Security payments for current and former public ...

Speaker Mike Johnson (R-La.), commits to fast-tracking Trump’s legislative agenda by May, which is perhaps the biggest bill ...

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final regulations that significantly ...

On January 3, 2025, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released long-awaited final ...

During his campaign for the White House, Trump said that, like President Joe Biden, he supports plans to begin to take ...

State taxes are due on Tuesday, April 15, according to Wisconsin's Department of Revenue (DOR). For more information on state ...

The Press Democrat spoke with a tax pro about how the new law will be implemented and how fire victims can prepare.

Shares of nuclear energy companies have recently surged following the Biden administration's decision to ease tax-credit ...

Fact checked by Giselle Cancio You can't find loopholes if you don't know the rules. The U.S. tax code is one of the most ...

The new year means new adventures, but it also means tax season is starting soon. Here's what to know about deadlines and new ...

Free AARP Tax Aide assistance will be offered from February through early April to do returns at area locations. Appointments can be made by calling: ¯ Alpena area — 989-278-8104; ¯ Hillman area — 989 ...