Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...

Discover how induced taxes work as economic stabilizers, influencing spending and income to moderate economic cycles and steady macroeconomic performance.

The One Big Beautiful Bill Act introduced a new deduction called No Tax on Overtime for the 2025 tax filing season.

Donald Trump’s proposal to eliminate overtime tax has ignited chatter.

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

Tax law changes and IRS layoffs may delay 2025 tax refunds. However, taxpayers who file electronically and accurately will ...

Learn how to deposit withheld payroll taxes correctly with IRS Notice 931. Follow required schedules and understand penalties ...

While the increased tax savings will feel good for now, it could affect the future of Social Security benefits.

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. The Good Brigade / Getty Images ...

Learn about federal agency automatic contributions to Thrift Savings Plans, offering 1% of pay, and how they impact your retirement savings and financial future.

REDMOND, Wash. — A public hearing is set to take place in Olympia on Thursday regarding a proposed payroll tax on large companies, such as Microsoft, in Washington state. Supporters of the tax argue ...

A new Washington Department of Ecology report shows Climate Commitment Act spending in fiscal year 2025 was dominated by electrifying the Washington State Ferries fleet, with Ecology citing major ...