Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

What will the extra lucky winner do with their $1.10 billion Powerball Jackpot? The odds of winning the jackpot are 1 in ...

KEY TAKEAWAYS A new deduction allows workers to subtract part of their overtime wages from their 2025 taxable income, lowering some taxpayers' bills in April.However, workers will need to calculate ...

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This deduction could significantly reduce tax bills for millions of tipped workers, but only if they maintain accurate records. One expert explains how you can ensure you get this tax break this year.

After the University of Nebraska fired Scott Frost on Sept. 11, 2022, after a string of losses, he says the school created ...

Even though you only have to file a federal income tax return once per year, you generally must make tax payments to the IRS ...

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on ...

We’re going to have this hodgepodge, weird year of rules that’s going to make reporting very difficult for employees." ...

A Lake County man has been sentenced to federal prison for not paying required employment taxes to the Internal Revenue Service. Michael Roberts, a 38-year-old Mentor resident, was sentenced Dec. 3 to ...

The Internal Revenue Service encourages taxpayers to take steps now to prepare for the upcoming filing season by visiting IRS.gov/GetReady for tips on what is new and what ...

You won't be able to file taxes before the IRS pens the 2026 tax season, but you can gather up the necessary documents now.