Nearly 50% of retirees already pay federal income tax on Social Security benefits. That share is rising in 2026. The Social ...

From April 6, new mandatory government initiative Making Tax Digital for Income Tax will see sole traders earning a gross ...

The new Act adopts a broad definition of income, covering salary, capital gains, perquisites, subsidies, and windfalls, ...

Here's a look at a couple of ways to measure "the top 10%" using the most recent official nationwide data available as of ...

Many Baby Boomers miss valuable tax deductions each year. Learn eight often-forgotten breaks, including a new $6,000 senior ...

Super Bowl bettors face taxable winnings, limited loss deductions and varying state rules that can leave many paying more than they expect on their 2026 returns.

The issue is the absence of a precise statutory definition of income. Courts have expanded its meaning to cover all real economic gains unless specifically ...

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules apply to many tax breaks.

Colorado's Family Affordability Tax Credit is available this filing season to eligible lower-income families with children.

Americans are getting bigger-than-usual tax refunds this year. Treasury Secretary Scott Bessent has been talking up this windfall for months, saying that it will help spark “a non-inflationary boom.” ...

Families who live on low to moderate incomes may qualify for the earned income tax credit, which advocates say can offer relief for everyday bills.

Side gig income can be a great way to boost cash flow. But as a gig worker, you may be unaware that the money you make is ...