Higher income taxpayers – those with modified adjusted gross income exceeding $500,000, or $250,000 for those married filing separately – won’t be able to take full advantage of the $40,000 deduction.

As tax season kicks off, it’s time to see what changes happened in the tax code from 2024 to 2025. Well, what has changed? A lot — and most of ...

MEMPHIS, Tenn. - With the new year comes new laws, including some that will impact your wallet with changes to the tax code. The first change is in the standard deduction for your 2025 taxes, which ...

Add Yahoo as a preferred source to see more of our stories on Google. Tax season has begun, and many people can look forward to a bigger tax refund this year because of some new changes. Chad ...

Some parts of western Washington are getting slushy snow. by Herb Weisbaum, The ConsumerMan The 2026 filing season is underway, and several changes to the tax code will affect most taxpayers’ returns, ...

A sweeping federal law passed last year could have impacts on 2025 tax returns for millions of American taxpayers. The ‘big beautiful bill’ introduced a host of changes to the U.S. tax code, some of ...

The One Big Beautiful Bill contains numerous changes to the tax code that could affect your tax return for 2025. Kelly Sikkema Unsplash Filling out your tax 2025 tax return may go a little differently ...

With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.

After weeks of pressure from D.C. officials, the District's Chief Financial Officer (CFO), Glen Lee, issued a letter stating that his office will follow through with the tax code approved by the DC ...

Now pushed to Wednesday, the House is voting on a disapproval resolution that would undo DC's tax code that was set to take effect this month. If it passes, some analysts predict the District could ...

PITT COUNTY, N.C. (WNCT) — Tax season has begun, and many people can look forward to a bigger tax refund this year because of some new changes. Many of the changes, according to Christopher Kellam, ...