Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The 2025 tax season is in full bloom, and the IRS will soo ...

Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with ...

Nobody likes learning about unexpected tax liabilities at the last minute, but paying with cash isn’t your only option.

As budget season begins, Pittsfield learns that it's facing a nearly 15 percent increase in health insurance premiums — a ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

On Friday, the IRS released initial statistics comparing the end of January 2025 with early February 2024. As of Feb. 7, 2025 ...

But if your gross income falls below that threshold, you may not owe any taxes ... federal tax return. He says that even if you didn't receive the form you're not excused from reporting the interest ...

Who can you claim this credit for? What amounts can you claim? What documents do you need to support your claim? Completing your tax return Who can you claim this credit for? You may be able to claim ...

If you're in the higher tax band and decide to use a fixed-term savings account for your cash (which offer an average of 5% of interest, but can be even higher), saving as little as £3,500 across ...

Anthony Pompliano reacted to DOGE’s latest findings by urging citizens to support political pressures to lower tax rates.

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...