State will pay $2.034B to the federal government from the employer-funded unemployment insurance trust fund and $73M in ...

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

Interest is one of the many benefits you can receive when you set aside money in a savings account. When you earn interest, your financial institution is essentially paying you to keep your ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

As part of his economic agenda, President Donald Trump has proposed eliminating federal income taxes as a way to make the ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

If you think you need to file a return this year, maybe for the first time, you're likely wondering where to start.

Eligible Kentuckians can potentially save money in 2025 this tax season by submitting their documents through the IRS' Free File program.

The IRS treats interest earned on money in a savings account as taxable income. Your financial ... reporting the interest and paying taxes on it. To find the amount of interest you received ...

Though these deductions find no place in the new tax regime, heres why some investments still deserve a place in your ...

The Treasury Department ended its tax-time savings bond program, which was the last way to buy the paper version of I bonds, ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.