The Treasury Department has named 68 jobs that qualify for the tipped tax-exemption beginning with the 2025 filing year.

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering potential savings for retirees 65 and older.

Alabama now falls in the middle at 2 percent after its latest cut, with Utah close behind at 1.75 percent. Missouri charges just over 1.2 percent, and Illinois applies a 1 percent rate that is set to ...

The IRS suggests a new twist for when buyers could take delivery of a new EV and still claim the lucrative tax credit, which expires Sept. 30.

Many Americans who work overtime will get a break on their taxes for the next few years — but it may not be as hefty as they think.