If you filed an extension in April, time is running out to get your taxes wrapped up for last year. Here's what you need to know for filing your 2024 taxes and preparing for tax year 2025.

Americans received a glimmer of financial relief last week when the Federal Reserve cut rates for the first time this year, and indicated more cuts could be on the horizon. In just a ...

The change will take effect on Sept. 30, which is the same day that the Social Security Administration begins phasing out paper checks in favor of electronic benefit payments. Here’s everything you ...

A growing number of states are moving to a flat tax system to collect income taxes. That can be good news for taxpayers, but there are potential downsides.

An addition to the One Big Beautiful Bill Act is poised to impact big gamblers' tax bills as it reduces the amount of gambling losses they can claim from 100% to 90%. Dubbed a "phantom tax," this ...

The tip must be voluntarily given, so mandatory tips or auto-gratuities would not qualify for the “no tax on tips” benefit. However, tip pools and similar arrangements qualify, so long as they are ...

What is “middle-class”? Although definitions might vary, the Pew Research Center might have an answer. A recent Pew report found that a family of three could be considered in the “middle” of upper and ...

In his role with the Sierra Club's Iowa City Chapter, Tom Carsner has spent a lot of time in recent months thinking and ...

Trump's tariffs act as hidden taxes, increasing government revenue but primarily burdening American consumers and raising inflation. Deficit reduction is achieved by combining spending cuts and ...

KANSAS CITY, Mo. (KCTV) - It is officially Back to School Holiday Tax Free Weekend in Missouri through Sunday. Local and state taxes are exempt for certain items, a chance for some huge savings as you ...