Parents who want to help a child financially often worry that generosity will trigger a tax bill. The rules are more flexible ...

The One Big Beautiful Bill introduced wide-ranging tax changes for seniors, service workers, car buyers and others.

Chicago is confronting a rare collision of trends: record property tax hikes for homeowners at the same time that downtown ...

New texts raise more questions about Mayor Daniel Lurie’s vetting of newest San Francisco supervisor, Beya Alcaraz ...

The General Assembly’s top budget analyst cautioned lawmakers against draining the state’s cash reserves to offset a nearly $1.5 billion deficit that has emerged in the coming fiscal year.

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there were seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. In the Ask the Editor May 9 column, she answered five questions ...

STATEN ISLAND, N.Y. — The IRS announced the 2026 tax brackets for federal income ahead of the impending tax season. These brackets are fine-tuned annually due to inflation, offering a bit of a ...

Bloomberg Tax & Accounting released its annual report Thursday projecting U.S. tax rate brackets, standard deduction amounts, and alternative minimum tax exemption amounts for the year ahead. The ...

GOP lawmakers returning to Washington face an array of controversies triggered by President Trump and his senior Cabinet officials, political headaches that Republican senators and House members have ...

Compare what you paid in sales tax to your state and local taxes. Deduct the larger of the two. But there's a catch. Many, or all, of the products featured on this page are from our advertising ...

Labor negotiations between the Santa Barbara Metropolitan Transit District and Teamsters Local 186 continue this month after two employee groups rejected a contract offer. The Teamsters announced on ...