The No Tax on Home Sales Act, introduced in the House of Representatives in July, would eliminate federal capital gains taxes on profits from the sale of primary homes. Capital gains taxes are a form ...

A new report issued in November by the Treasury Inspector General for Tax Administration indicated that 21.9 million ‒ or 15.9% ‒ of 2023 federal income tax returns used a refund-related ...

The average refund is now $3,116, the IRS says When Andrew Gonzalez received a refund of $1,245 from his federal and California income taxes this year, he used the full amount to pay off the loan ...

The 50-30-20 rule. This is the go-to system for most first-time budgeters. The principle behind it can also be applied to your tax refund: 50% toward needs (debt repayment, home repairs, medical ...

Four years after the state Supreme Court struck down a 1-cent transportation sales tax, some Hillsborough County residents are getting refunds in the mail. But not everyone who participated is ...