State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest ...

The good news is that overpaid taxes are not lost. Here's how to reclaim overpayments on tips today.

The 2025 Trump tax bill that created the tipped income deduction simultaneously enacted massive cuts to health care, energy, ...

Article Summary A federal judge has upheld a first-of-its-kind Illinois law that protects consumers and retailers from paying so-called credit ...

Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total itemized deductions — including mortgage interest, charitable giving, and state ...

Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and ...