Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What is Schedule 1-A?

A variety of factors, many stemming from federal funding and policy changes, are impacting state budgets across the U.S.

The Senate and Assembly included a bevy of tax hikes in their one-house budget plans, setting up a clash with Gov. Hochul.

The last round of federal economic‑impact payments went out in 2021, and any new checks would require Congress to pass fresh legislation. In 2024, the IRS sent automatic payments to eligible taxpayers ...

Subsidies. Love 'em or hate them, they dominated the news during the Affordable Care Act's sign-up season, and their reduction is now hitting many enrollees in the pocketbook. While lawmakers continue ...

Tax season is approaching, and Michigan residents will once again file under a 4.25% flat income tax, while federal tax brackets for 2025 could affect how much they owe. According to Michigan's ...

State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest Republican changes out of their tax codes. By Andrew Duehren Reporting from ...

NEW BRITAIN, Conn. (WTNH) — Standing at a sports bar in New Britain, Connecticut Gov. Ned Lamont (D) and his tax commissioner, Mark Boughton, encouraged residents to file for the Earned Income Tax ...

The Internal Revenue Service started accepting federal tax returns in late January. Federal income tax returns are due on Wednesday, April 15. New York state income taxes are also due on April 15. The ...

Federal tax credits come in a number of flavors, including refundable, nonrefundable and partially refundable. Here’s what you should know before your file your 2025 tax return. Last year, 103,846,000 ...

Working extra hours has always meant paying the same taxes on overtime as on regular wages, but a new law signed in July 2025 under President Donald Trump has changed how some overtime pay is treated ...

Tax season 2026 began Monday, Jan. 26, and if you've already filed your 2025 state and federal income tax returns, you're probably anticipating your tax refund. The Tax Foundation says the average ...