What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and ...

The proposed legislation seeks to make sweeping changes to federal spending and extend tax cuts passed in 2017. But what could it mean for the Mountain State?

West Virginia receives the most direct payments per state (around $12,000 per resident), while states at the bottom of the list, like Colorado or California, receive about $8,500.

If you're self-employed or earn other non-wage income, you may owe estimated taxes every quarter. CNBC Select explains how it works and when payments are due.

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit ...

At the same time, most taxpayers don't grasp how taxes work, with widespread confusion over how tax brackets work and who pay the most in taxes in the U.S., according to other research.

Short-term payment plan —This option is for those who owe less than $100,000 in total, including taxes, penalties and interest. It gives taxpayers up to 180 days to pay the balance in full.

Hold T-bills in a tax-advantaged account: Placing your T-bills in an IRA or 401 (k) means you won’t pay taxes as they mature — instead, taxes are deferred until you withdraw funds in retirement.

Here’s How Taxes on Overtime Currently Works At the moment, the Fair Labor Standards Act mandates that workers receive at least 1.5 times standard pay. That applies to hours worked beyond 40 hours.

Should a shutdown kick off in a few days and possibly stretch on for multiple weeks toward the April 15 tax filing deadline, read on to find out what you'll still have to do with your taxes.

(WHTM)– Pennsylvania’s natural gas industry has created jobs and lowered energy costs for people across Pennsylvania, but do they pay their fair share of taxes? In an appropriations committee hearing, ...

Rep. Phillips-Hill argues that companies don’t pay severance taxes, customers do. “Energy taxes are one of the most regressive types of taxes,” said Phillips-Hill.