check out the IRS’s Bartering Income page. One example of taxable bartering would be a plumber exchanging plumbing services for the dental services of a dentist. Gambling winnings are fully ...

If you're an individual filer who earned $45,000 in taxable income in 2024, for example, the amount you owe will be broken into two tax brackets: 10% for the first $11,600 12% for any income ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...

(k) benefits include tax savings, employer matches, and compounding growth. See why starting now is key to a secure ...

If you're currently receiving or soon will be receiving Social Security retirement benefits, here's what to know about which ...

Scholarships that cover expenses not directly related to educational activities, for example housing, food and transportation, are considered taxable income, and are meant to be reported to the IRS.

Which states tax Social Security? Most states don't tax Social Security but some do. Here's which ones they are, and how they ...

With the tax-filing season in progress, you probably have wondered how you compare with other Arizonans. Here are some ...

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...