In the House bill, the tax break would remove income taxes on the overtime pay ... Qualifying could vary based on the industry you work in. Firefighters, for example, have to work 53 hours a week ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

Most of the credits for home owners, non-energy business owners, and the electric vehicle industry—will be discontinued in ...

Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...

The Senate has proposed numerous changes to the "One, Big, Beautiful Bill" that the House narrowly passed. The Senate's ...

House of Representatives must still approve legislation, which also ends ‘de minimis’ customs protections, before sending it ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

Ohio's Republican lawmakers should follow Gov. DeWine's lead and scrap their property tax refund gimmick that could lead to ...

Thom Tillis of North Carolina, Susan Collins of Maine and Rand Paul of Kentucky — joined all Democrats in voting against it.

As the Senate debates the giant tax and spending bill, lawmakers are weighing a Sept. 30 end date for the EV tax credits. The ...

Under the current law, taxpayers can claim the electric vehicle tax credit if they meet specific income and purchase ...

You may retire from work, but you'll never quite retire from paying taxes. How much you'll pay once you retire depends on the ...