While tax season may have passed for the 2023 tax year and 2024 is coming up soon, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your 2025 income tax ...

Rafi, 3, holds a box of winter clothing that his family received from a distribution at Kawergosk Syrian Refugee Camp in Erbil Governorate, Kurdistan, Iraq. Tax planning may be far from your mind as ...

With January just weeks away and inflation still impacting the wallets of Americans, taxpayers across the country are preparing to file in 2025. To ease the transition, the Internal Revenue Service ...

Tax season officially begins Monday when the Internal Revenue Service (IRS) will begin accepting returns for the 2024 tax year, but taxpayers should be aware of deductions and credits that could be ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. Author’s note: The standard deduction amounts, state and local tax (SALT) caps, and maximum amount of the child tax credit have been ...

(1) - Qualified Dividends shows the portion of the amount in Box 1a that may be eligible for capital gains tax rates (2) - Section 199A Dividends shows the portion of the amount in Box 1a that may be ...

In 2025, Americans will file their taxes for 2024, and millions may be eligible to receive a child tax credit, which is available to parents and guardians of minors of a certain age. Enacted in 1997, ...