Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

The Trump administration's significant cuts to the IRS workforce have sparked concerns about reduced public revenue and a ...

If you live or work outside the U.S., you have until June 16, 2025, to file your federal return and pay your 2024 taxes.

Can you write off business clothing on your taxes? Learn the IRS rules with these legal tips for staying compliant and saving money as a small business owner or entrepreneur.

A Hartford tax preparer pleaded guilty to tax fraud in federal court in New Haven Friday, an offense that federal officials say cost the IRS at least $125,197. Clyde Gibson Jr., 43, pleaded guilty to ...

In a city where history whispers from the bricks of every colonial edifice, a new chapter of pride and preservation was ...

Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

Undocumented immigrants must file U.S. taxes and may qualify for refunds. This guide explains how to obtain an ITIN, file ...

As a result of President Trump’s recent social media posts regarding Harvard University’s tax-exempt status, some ...

Social Security benefits were tax-free, but changes in legislation now mean that retirees with higher incomes may face taxes ...

Two postal workers stole checks from the mail and passed them off to co-conspirators to be sold online in connection with a ...