The High Court has dismissed an application by troubled petroleum dealer Hashi Energy, seeking to table additional documents ...

Plus: Average tax refunds, filing status, a new global tax deal, commuting expenses & business mileage, a closely watched tax ...

Bigger tax refunds could be coming in 2026 due to changes enacted in President Donald Trump's "big beautiful bill." Some experts say the windfall could temporarily boost consumer spending among ...

My husband owns his own business. The Internal Revenue Service audited his 2021 income-tax return. There were some small mistakes. The amount due was paid. However, he received notice at the end of ...

President Donald Trump loves a good foil. For America’s sake, he should find his next one in my home state of Illinois. Cook County — home of Chicago and most of the state’s leftist lunacy — has taken ...

Over the past four years, four states have abandoned progressive income-tax formulas to embrace a flat income-tax rate like that in Illinois. That brings the number of flat-tax states to 14, with a ...

Federal tax bills on most student loan forgiveness will return in 2026, ending a five-year window of tax-free relief and raising the risk of a student loan tax bomb for borrowers whose balances are ...

High-frequency weekly indicators provide timely insights into the economy, often signaling changes before official monthly or quarterly data. Long leading indicators are mostly neutral to positive, ...

Will taxpayers actually feel a boost from reducing tax withholding on their paychecks in the new year? Treasury Secretary Scott Bessent has been predicting that Americans will see a boost in their ...

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. Vithun Khamsong / Getty Images The ...

Imagine a county where dinner costs 10% more overnight – not because of inflation, but because of a new tax. For families like mine, that hike matters. My mom, a U.S. government worker living in ...