The sales tax deduction lets you deduct the state and local sales taxes you've paid during the year, but only if you itemize ...

If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and ...

Kentucky’s individual income tax rate will drop from 4% to 3.5% on January 1, 2026, marking the latest step in the Commonwealth’s multi-year effort to modernize its tax code and strengthen long-term ...

Dec 9 (Reuters) - Ryanair (RYA.I), opens new tab said on Tuesday it would cut 1 million seats and 20 routes from its Brussels 2026/27 winter schedule over Belgium's decision to raise tax on air ...

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

Spooky season may be behind us, but some people are still playing catch-up. Pumpkins begin to degrade on doorsteps, decorative cobwebs are slowly replaced by tinsel, and the egg stains from a ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...

Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...