In 2025, the IRS is set to introduce new tax regulations aimed at providing relief to millions of Americans. These changes ...

Income annuities offer a different route to retirement security. Instead of building the value of your savings, they provide a guaranteed monthly income which can be for life (the most popular option) ...

US retirees above 65 can take a special standard deduction on top of the regular deduction. They can also get tax credits if they have low incomes.

The IRS standard mileage deduction for vehicle business use applies in 2025 whether you drive an all-electric, hybrid or ...

President Joe Biden has signed into law a measure that boosts Social Security payments for current and former public ...

Trump’s proposed tariffs could cost U.S. companies, winter storm snarls air travel as hundreds of flights canceled, and more ...

Speaker Mike Johnson (R-La.), commits to fast-tracking Trump’s legislative agenda by May, which is perhaps the biggest bill ...

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final regulations that significantly ...

On January 3, 2025, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released long-awaited final ...

During his campaign for the White House, Trump said that, like President Joe Biden, he supports plans to begin to take ...

State taxes are due on Tuesday, April 15, according to Wisconsin's Department of Revenue (DOR). For more information on state ...

The Press Democrat spoke with a tax pro about how the new law will be implemented and how fire victims can prepare.