For the 2024 tax year, the standard deduction is $14,600 for single filers, including married people filing separately, and ...

Optimize your tax strategy with these top tax-loss harvesting tips. Learn how to offset capital gains, reduce taxable income, ...

The 25% tax-free cash that savers can take from their pension pots got plenty of airtime in the run-up to the Autumn Budget, ...

President-elect Trump promised a slew of tax breaks for the middle class. Can he keep those promises and if so, at what cost?

As Donald Trump prepares for his second term as president, Americans are wondering how their taxes will be impacted. Explore ...

It is common for game show contestants and other prize winners to find themselves with severe tax problems. Oftentimes, winners do not have the cash to pay their taxes. Imagine winning $100,000 ...

The taxman took an extra £500 million from estates during the period compared with last year and analysts expect the intake ...

Discover how a union-backed 'no taxes on tips' policy gains support from a surprising ally: nonunion Red Rock Resorts.

House Speaker Mike Johnson tells CNN’s Jake Tapper that President-elect Trump’s vow to eliminate tax on tips is “an important ...

Answer: Reporting your tip income correctly is not difficult. You must do three things: 1. Keep a daily record. 2. Report tips to your employer. 3. Report all tips you receive on your income tax ...

Seeking to woo targeted groups of voters during his campaign, President-elect Donald Trump rolled out plans for a sweeping ...

This figure is expected to rise significantly higher after the raft of inheritance tax changes announced during the Autumn ...