Zohran Mamdani wants to raise income taxes for New York City’s wealthiest residents. He has proposed a 2% tax on incomes over ...

The Treasury Department said in an October report to Congress that participation in the Direct File program was low and the ...

A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...

Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...

Required minimum distribution amounts are calculated by dividing a life expectancy factor into the relevant account balance from Dec. 31 of the preceding year. For instance, to calculate RMD amounts ...

Tax planning advisors help clients minimize tax liability, navigate complex tax rules and integrate tax-efficient strategies into their financial plan Written By Written by Staff Money Writer, WSJ | ...

Maryland’s sales tax holiday is right around the corner as families across the state prepare for back-to-school season. The 2025 Shop Maryland Tax-Free Week will run from Aug. 10 at 12:01 a.m. through ...

A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...