How The IRS Tax Refund Works And What You Can Do To Manage It
Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.
Here are some of the most popular tax deductions and tax breaks
A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.
The Economy-Crushing Call To Tax ‘Carried Interest’ As Income
It's time we recognize the singular importance of carried interest to economic progress and cease penalizing it altogether.
Trump officials want to rewrite tax season. Cross your fingers and file like normal, experts say.
DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS altogether. But filing a ...
What is the IRS 90-day tax rule and how does it work?
The IRS 90-day rule offers crucial protection to taxpayers, providing a clear timeline and process for disputing tax ...
Retiring in New York: Pros, Cons and Tax Implications
New York is one of twelve states that has a separate estate tax. New York’s estate tax exemption is lower than the federal ...
Big spending plans plus both tax cuts and increases. Takeaways from Gov. Tony Evers' new budget
Gov. Tony Evers unveiled an increase in income taxes for the wealthiest Wisconsinites while decreasing taxes for middle- and ...
Hungary's Orban launches tax exemption for mothers, cap on housing loan rates
Hungarian Prime Minister Viktor Orban announced an income tax exemption for mothers of two or three children and said he ...
How does the mortgage interest tax deduction work? Experts explain
"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...
Smart Moves To Make Now To Avoid A Larger 2025 Tax Bill While Earning Interest
KEY TAKEAWAYS Interest rates are expected to be held at higher-than-usual levels this year, making high-yield savings ...
Interest Earnings Last Year May Boost Your Tax Bill—Here's What You Can Do To Lower It
High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers ...
Is Mortgage Interest Tax Deductible?
As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...