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IRS urges taxpayers to prepare now for the 2026 filing season with new rules, filing tips and major changes that could save time and stress.
The IRS requires quarterly estimated tax payments on income that is not automatically subject to federal withholding.
More than 145 countries have agreed to update a landmark global tax deal, carving out exemptions for U.S. multinationals after Washington pushed back against rules designed to ensure big corporations pay at least 15% tax worldwide.
Discover how dependent care benefits can offer tax advantages and flexible spending options for caregiving employees. Learn about FSAs, tax credits, and paid leave.
As the 2026 tax filing season draws closer, the Internal Revenue Service (IRS) is encouraging Americans to begin preparing now by reviewing a set of "essential tips" aimed at avoiding delays, errors and missed benefits.
U.S. multinational corporations will be exempted from paying more corporate taxes overseas in a deal finalized by the Organization for Economic Cooperation and Development. The OECD announced Monday that nearly 150 countries have agreed on the plan,
A tax wedge is the difference between before-tax and after-tax wages. It also refers to the market inefficiency that is created when a good is taxed.
A new law capping gambling loss deductions at 90% went into effect on Jan. 1, 2026. The new gambling tax policy forces players to pay taxes on winnings even when they break even or lose money overall.
Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without raising other taxes or sharply cutting state funding for education,