One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

Melissa (@itsmelitime619) said she recently spent nearly $128 on pet supplies, but her total at checkout was almost $140. In a TikTok video, she showed her receipt and broke down the added charges: a ...

The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions ...

The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...

The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

Along with hundreds of millions in potential new costs for Missouri taxpayers, an analysis of the budget bill backed by ...

State lawmakers return to work this week to tackle tax breaks for sports stadiums against a backdrop of sluggish revenues and ...

Federal tax changes and new Missouri state laws could reduce state revenue by up to $429 million, threatening funding for ...

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...