The "K-shaped" economy is hitting U.S. consumers in unexpected ways, including their tax refunds. Higher-income Americans are set to reap bigger benefits in their tax refunds than other households, ...

USA TODAY and Statista have partnered to release their third annual list of "America’s Most Recommended Tax & Accounting Firms." The rankings are based on broad surveys of tax and accounting ...

State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest Republican changes out of their tax codes. By Andrew Duehren Reporting from ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet. Credit...Joanne Joo Supported by By Tara Siegel ...

Seniors aged 65 or older by the end of 2025 can claim a new tax deduction worth up to $6,000 ($12,000 for married couples). Some high earners aren't eligible for the deduction. This new deduction is ...

Corrections and Clarifications: A previous version of this story misspelled the name of tax expert Lisa Greene-Lewis. The story has also been updated to clarify taxes must be filed through the Credit ...

Working extra hours has always meant paying the same taxes on overtime as on regular wages, but a new law signed in July 2025 under President Donald Trump has changed how some overtime pay is treated ...

If you're one of the millions of Americans who purchased a new car last year, you could benefit from a new tax break that allows taxpayers to deduct interest paid on their auto loans. The car loan tax ...

President Donald Trump's "big beautiful bill" boosted the SALT deduction limit to $40,000 for 2025, up from the previous $10,000 cap. The SALT deduction includes property taxes plus either state and ...

Homeowners across Colorado may have expected their property tax bills to go down this year — after all, their homes may be worth less. Instead, many property owners will see their bills rise again — a ...

We've rated and reviewed four top tax software providers — TurboTax, H&R Block, TaxSlayer, and TaxAct — comparing features, pricing and ease of use to help you find the best filing program for your ...

"Mississippi will no longer tax the work, the earnings, or the ambition of its people," Mississippi Gov. Tate Reeves boasted last March in a statement that captured low popular opinions of income ...