The IRS urges taxpayers to get organized now to take advantage of changes under the One Big Beautiful Bill Act (OBBBA) that could impact tax deductions and refunds in the next tax filing season. As ...

The OBBBA creates a $6,000 annual deduction for taxpayers 65 and over starting in 2025. The deduction phases out for income above $75,000 (single) or $150,000 (joint). The tax break expires in 2028, ...

Parents cannot depend on an automatic enrollment system to create a new Trump Account for their children. To qualify for the $1,000 pilot program contribution for a Trump Account, a child must be a ...

American taxpayers aged 65 and older will receive a new $6,000 bonus tax deduction next year as part of President Donald Trump’s One Big Beautiful Bill Act. The temporary deduction comes alongside ...

Traveling without a REAL ID -compliant document will soon cost you $45. The Transportation Security Administration announced ...

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

ABLE account eligibility has been expanded to include individuals whose disabilities began before the age of 46, offering more Americans tax-free savings.

Applications for Texas Education Freedom Accounts can be submitted starting Feb. 4. The initiative reshapes how families can ...

Treasury Secretary Scott Bessent said working Americans would get "very large refunds" next year amounting to about $1,000 to $2,000 per household. He said the refunds would come as a result of tax ...

The Africa Cup of Nations 2025 has taken center stage in December and early January, as 24 teams went to Morocco aiming to be crowned AFCON champs. Now only a handful remain in this brilliant ...

Christmas could be coming twice. Working Americans are going to get “very large refunds” of $1,000 to $2,000 per household early in the new year, according to Treasury Secretary Scott Bessent. The ...

A new hydrogen fuel cell program is being piloted at Port Newark next year. Six of Hyundai’s XCIENT fuel cell trucks will be deployed at the East Coast's busiest port to test how the zero-emission ...