This is a pretty big deal for taxpayers who have really high property tax bills and/or very high-paying jobs on which they pay a lot of state income taxes. We have a number of clients who will now ...

PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $41.9 million, or $0.48 per common share for the fourth quarter of 2025, on net ...

This filing season is notable because it introduces several new tax law provisions homeowners need to be prepared for.

Are you a college student? Though there are a lot of expenses associated with college, there are a few student tax credits and deductions you can take to lower your ...

FISH of Sanibel-Captiva will host the United Way’s Volunteer Income Tax Assistance (VITA) program, which will provide free tax preparation assistance for island residents. The service is available to ...

For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...

The 2026 tax filing season in the United States will officially begin on Jan. 26, and taxpayers should start preparing now to avoid delays and errors, according to guidance from the Illinois CPA ...

Here's when tax season begins and ends, what to know before you file and a list of some new tax breaks that were introduced in 2025.

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

Inflation remains elevated, which would normally prevent further reductions, but the soaring unemployment rate is forcing the Fed's hand. Most policymakers at the Fed foresee at least one more ...

The IRS released proposed regulations (REG-113515-25) on Wednesday providing guidance for taxpayers and lenders regarding the temporary deduction for qualified passenger vehicle loan interest. The new ...

Fed rate cuts would likely lower credit card and savings rates first, while auto loans and especially fixed-rate mortgages may stay high or even rise. How much consumers benefit will depend on credit ...