CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments ...

Don't let election drama tempt you into changing the makeup of your portfolio. The sensible move right now is to work out how ...

For single taxpayers and married individuals filing separately, the standard deduction rises to $15,000 — up $400 from 2024.

The Internal Revenue Service said Thursday that the tax gap — the difference between taxes owed and paid — was $696 billion ...

She writes about small business, personal finance, technology, and more. Javi Sanz / Getty Images Sales tax is a percentage of a retail price. To calculate it, convert the state sales tax ...

Tax Foundation. "Sales Tax Holiday by State." IRS. "Opportunity Zones." Reuters. "Foxconn Mostly Abandons $10 Billion Wisconsin Project Touted by Trump." Social Science Research Network.

New Delhi The Supreme Court on Thursday ruled in favour of the Centre in a case concerning the issuance of 90,000 reassessment notices under the old Income Tax regime. The judgment, delivered by a ...

And then, when the Treasury Department issues the taxpayer a new check through the mail, the replacement is getting stolen too.

The IRS launched its Direct File pilot in 12 U.S. states in March 2024, which allowed taxpayers to submit simple tax returns direct with the government agency completely free of charge ...

The IRS said it's doubling the number of states to 24 that will have access to its Direct File system in the upcoming tax season. Direct File, piloted last year in a dozen states, is the IRS' free ...