These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. Macy is a Writer on the CNET How-To team, covering a variety of topics ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

or another tax-favored account. Social Security or Medicare tax on tips you didn't report to your employer, or on wages you received from an employer who didn't withhold these taxes.

Your prior year return will give you a good starting point for figuring out what documents you need to have handy to fill out your 2024 return, said Tom O’Saben, director of tax content and government ...

Tax season is officially upon us and some Illinois residents will be able to file their taxes for free this year. Here's what you need to know.

The Internal Revenue Service’s free tax-filing system will get a new ability that critics say it should have had all along: automatically filling in information that the IRS already has.

Illinois Gov. JB Pritzker criticized the Trump ... “At a moment when anti-semitism is at an all time high in my lifetime, we have a very prominent figure who is very closely associated with ...

President Trump said the U.S. could possibly eliminate the federal income tax if his tariff plans work out as intended. "If the tariffs work out like I think, a thing like that could happen, if you ...

DEKALB, Ill. — Nasir Muhammad had 19 points, James Dent Jr. and Quaran McPherson added double-doubles and Northern Illinois defeated Ball State 76-66 on Saturday night to end a six-game losing ...