President Donald Trump’s new tax bill cuts the income tax liability for many Americans. Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1).

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

Chalkbeat reports on the federal tax-credit scholarship program, raising questions on its impact on public education and private school funding.

Several federal tax changes take effect in 2026, including higher deductions, credits, and income thresholds. Here's how they may affect your return.

Tax season is coming soon. Want to file federal taxes for free? IRS Direct File is gone, but there are other options. Know the deadlines, when Tax Day is

During President Donald Trump’s first term (Trump 1.0), his economic policies set the stage for higher wages and more job opportunities for working people, especially low- and middle-income families.

The IRS adjusts the federal tax brackets every year account for inflation. The tax agency recently released the new brackets for the 2026 tax year, and because the inflation rate has continued to slow from its 2022 peak, the bracket adjustments were smaller for yet another year.

The IRS has released 2026 tax brackets—here’s how understanding your bracket can help you save with smart retirement and Roth conversion strategies.

This article originally appeared on PolitiFact.com.President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But experts say he's overpromised."Over the next couple of ...