The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.

A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a business.

You must file a federal tax return if your income meets the IRS filing threshold for your age and filing status, if you ...

The US Treasury is projecting that tax filers' refunds could be $1,000 higher on average than last year. But that is not just ...

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

A new federal law enacted last year provides a tax benefit to employees who receive overtime pay – but calling it a “No Tax on Overtime” law is a ...

You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill out IRS Form 2441. Here's more: ...

New tax code changes could affect refunds for tipped workers, overtime earners, seniors and some car buyers filing their 2025 ...

Learn how to deposit withheld payroll taxes correctly with IRS Notice 931. Follow required schedules and understand penalties ...

For some retirees, the change could eliminate federal income taxes entirely, although many were already exempt from Social ...

The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, ...