Still, residents who qualified for those tax breaks would lose out. A qualifying senior who can't claim the extra $6,000 deduction on a tax return would lose $360 to $390, estimated Richard Pon, a San ...

Roughly 4 million “white collar” workers will lose out on a new tax exemption for overtime pay while Biden-era rules that ...

Illinois is one of several states choosing to decouple from the federal tax code. See what tax benefits are being excluded.

The 2025 US tax filing season officially begins on January 27th, and Americans will soon be reminded that our tax code remains a complex, burdensome mess. With taxes at the forefront of the Trump ...

The federal tax refund acts as a crucial financial reset for Americans, with expectations for larger refunds in 2026 due to ...

If passed, the Service Members Tax Relief Act would eliminate federal income tax on all active-duty and reserve pay, as well as military bonuses.

"Receiving any kind of benefit can also alter your tax code, such as the state pension ." Guidance on the Government website ...

State pensioners have been encouraged to check they are on the right tax code. It's crucial to make sure you are on the ...