Michigan has a regressive tax system, meaning that low- and moderate-income households pay a higher share of their income in state and local taxes than wealthier households. Michigan’s ...

Cost basis drives gain or loss. When you cannot substantiate basis, the IRS may treat your basis as zero, which can effectively treat the full proceeds as taxable gain. The IRS can also broaden the ...

Alabama lawmakers are considering a bill that could create a new sales tax holiday for gun buyers. If passed, "The Second Amendment Sales Tax Holiday" would allow residents to purchase firearms, ...

BRIDGEPORT, W.Va (WDTV) - West Virginia Senate lawmakers have introduced SB 766, a bill that would create a tax credit to help family caregivers offset expenses for caring for elderly or disabled ...

For too long, working people in Washington state have paid a disproportionate amount of their income in taxes for the services we all rely on. That must change, and we have a historic opportunity to ...

The Internal Revenue Service is facing challenges in its ability to smoothly handle the 2026 tax-filing season amid deep staff cuts, missed hiring goals and a tax code stuffed with new rules. That’s ...

Required minimum distributions can be a huge hassle from a tax perspetive. Donating your RMD to charity could get you out of paying taxes. You have to do your donation a certain way to pull that off.

Marc Santos is a Guides Staff Writer from the Philippines with a BA in Communication Arts and over six years of experience in writing gaming news and guides. He plays just about everything, from ...

Growing up, Bushra Mahnoor dreaded getting her period. It meant shame, stigma and, often, missing school. As an adolescent in Pakistan with four sisters, she says there were never enough period ...

The IRS will open the 2026 tax season on Monday, Jan. 26, and if you plan on filing your own taxes this year, you'll probably need a tax calculator. Roughly 60% of all tax filers choose to file taxes ...

NEW MEXICO (KRQE) – A bipartisan idea from a couple of New Mexico lawmakers could fuel a major new tax credit to groups that build affordable housing. The idea is to make a corporate income tax credit ...

Tax season has a way of sneaking up on people, and once it does, the stress usually follows. Forms pile up, questions start popping up, and suddenly you’re wondering whether you’re missing deductions ...