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 ...

Commissions do not affect our editors' opinions or evaluations. Picking the right tax software can mean the difference between a smooth refund process and a stressful filing season. To find the ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer ...

Commissions do not affect our editors' opinions or evaluations. When you fill out your annual federal income tax return, you can either take the standard deduction or itemize deductions to reduce ...

A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations ...

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain ...

Orban extends tax cuts ahead of 2026 election To cap housing loan interest rates at 5% Ready to reimpose food price caps, limit profits Ukraine will not join EU against Hungary's interests ...

The Internal Revenue Service began accepting tax returns on Jan. 27, and it has already received more than 23 million returns as of the beginning of February. That means millions of people are ...

WASHINGTON (AP) — The layoffs of roughly 7,000 IRS probationary workers beginning this week likely mean the end of the agency’s plan to go after high-wealth tax dodgers and could spell ...

As President Donald Trump’s administration continues to make aggressive cuts across the federal government, one agency being hit hard is the Internal Revenue Service. More than 6,000 IRS ...

One of President Trump’s objectives over the next four years is to have US revenues from tariffs become so massive that the Internal Revenue Service is no longer needed, his commerce secretary ...