The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...

On Friday, the IRS released its second week of statistics comparing Feb. 9, 2024, and Feb. 7, 2025. The IRS has processed ...

Households are carrying record levels of debt. Balances climbed to $18.04 trillion in the fourth quarter of 2024, according ...

If you're an early bird, your tax refund may already by in the mail but for others, personal finance expert Dan Roccato has ...

A tax refund is a reimbursement to taxpayers who have overpaid their income taxes, and so the government sends the money back ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...