What bill would you pay with an extra $750 or $850? Sure, we're not talking about cashing a billion-dollar winning lottery ticket. But the IRS says more than 1.1 million people nationwide are owed ...

The IRS will likely appeal the ruling, but taxpayers cannot wait to file claims, as there is a limited time to seek refunds or reductions in penalties and interest.

President Donald Trump rose to prominence in part because of voter perception of his business and economic acumen, and ...

The Senate and Assembly included a bevy of tax hikes in their one-house budget plans, setting up a clash with Gov. Hochul.

No new federal stimulus checks have been authorized by Congress or the IRS for 2026. The $1,776 "Warrior Dividend" is a one-time, tax-free payment specifically for active-duty troops and reservists.

As Coca-Cola awaits a crucial 11th Circuit Court of Appeals decision this year, its multibillion-dollar tax dispute could have profound implications for investors, cash flow, and corporate transparenc ...

A perfect storm has arrived on the ledgers of many state budgets, bearing down on the people who often need help the most.

Tax scams rarely stay the same for long. Each filing season brings new tactics designed to trick taxpayers into revealing personal information or claiming refunds they are not entitled to receive. In ...

Tax season opened this year on January 26, 2026, and the IRS expects to process more than 164 million individual tax returns for the 2025 tax year. But not everyone is rushing to file, and not ...

A new temporary tax break offers seniors 65 and older a deduction of up to $6,000 on their 2025 federal returns. To claim this deduction, taxpayers must file a new form called Schedule 1-A for ...

Gov. J.B. Pritzker wants $589 million in business-focused tax hikes. That would endanger Illinois’ long-term economic ...