President Trump is remaking the tax code to favor the well-off even more, and cloaking these changes in a veneer of ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

A factor in the policy argument is that the bulk of repeal benefits would flow to higher-income taxpayers and reduce revenue to the federal treasury.