Deductions reduce your taxable income, rather than providing a dollar-for-dollar reduction on your tax bill, as a credit ...

Even though you only have to file a federal income tax return once per year, you generally must make tax payments to the IRS ...

Reports prepared by state agencies lay out the potential impact of the One Big Beautiful Bill Act on the state's budget and ...

BROOKLYN, N.Y., Oct. 13, 2025 /PRNewswire/ -- Financial Health Alliance, a specialist in personalized financial consulting, announced the launch of a new, focused course on the power of "income and ...

Unlike the COLA, which is tied to inflation (CPI-W), these specific limits are adjusted based on the increase in average ...

I had a career as an economist and financial analyst in the commercial banking area. I retired at the age of 70, and then I started my own tax-preparation and representation firm because I enjoy ...

Contributing to an FSA at work can reduce your medical expenses, but one rule surrounding the account creates a big risk.

The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime ...

DEAR ABBY: I am a 60-year-old divorcee. I am currently dating a Danish man and have been for a year. He asked me to marry him several months ago, and I said yes. He wants me and my daughter to move to ...

My next door neighbors recently welcomed triplets. As you can imagine, their trash cans fill up rather quickly. Recently, the husband approached me to ask if I could do him and his wife a favor. There ...

DEAR MISS MANNERS: While traveling abroad on a group tour, I invited three travel companions to share a bottle of wine with me, and they agreed. None of us were teetotalers. As the waiter poured for ...