Americans could save on taxes this year because of historically large inflation adjustments set by the IRS. The agency adjusted many of its 2023 tax rules to help taxpayers avoid "bracket creep ...

Record-high inflation prompted the Internal Revenue Service to make the largest inflation adjustment for individual taxes in decades – 7.1% for tax year 2023.

The meals and entertainment deduction is changing in 2023. Keep reading for what you need to know about this valuable tax deduction.

At tax time, the buyer needs to fill in the same Form 8936 as referred to in the section about new clean vehicles. As with the other credits, you cannot claim for more than you owe in liabilities.

The 2023 standard deduction, tax brackets and annual gift tax exclusion see big shifts amid high inflation.

Tax brackets and rates, published annually by the IRS, are the basis for all federal income taxes paid in the U.S. Taxpayers use these charts to determine their yearly income-tax liability as ...

If you filed a 2023 tax return but have yet to get your refund, you aren't the only one still waiting. Here's what you should know and how to get help ...

Feel like you’re paying more tax than ever? These four charts prove it Michael Read Economics correspondent Updated Dec 14, 2023 – 10.34am, first published at 10.28am ...

After months of debate, Texas lawmakers announced a deal Monday for a record-breaking $18 billion property tax cut to homeowners.

Here is the average tax refund so far this year — and some advice on what to do with yours The average refund amount in 2023 is trending lower than this time last year.

The news release says that tax payers have claimed more than $6 billion in credits for residential clean energy investments on 2023 tax returns filed and processed through May 23, 2024.

Military service members in the junior enlisted ranks received a 14.5% raise in 2025. Most other service members got a 4.5% pay bump. Some senior officers received smaller percentages.