Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might ...

If your return has been selected for audit, it is essential that you understand your rights prior to any in-person review or meeting with the IRS agent.

Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.

The Internal Revenue Service (IRS) allows taxpayers to deduct qualified medical expenses that exceed 7.5% of their adjusted gross income (AGI). This means that if your total medical expenses are ...

American seniors are heavily reliant on Social Security to make ends meet. Six in 10 retirees said their benefits are a major ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

That removed a free option from higher-income taxpayers, with Intuit’s market-leading TurboTax charging a state tax-prep fee that now stands at $64, despite the relative simplicity of the state ...

AGI will experiment, synthesize and iterate without waiting for human cycles of learning or approval. This is not evolution. It is acceleration. With it comes a dangerous loss: visibility.

The second-quarter estimated tax deadline for 2025 is June 16, and making a payment could help you avoid “falling behind” on taxes, according to the IRS. Estimated tax payments are typically owed for ...

Google CEO Sundar Pichai says there's a new term for the current phase of AI: "AJI." Pichai said it stands for "artificial jagged intelligence," and is the precursor to AGI. AJI is marked by highs ...

Your modified adjusted gross income is the number the IRS uses to determine your eligibility for annual contributions to a Roth IRA. The MAGI is determined by adding certain deductions back to ...