Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy ...

Its free version offers more free forms than TurboTax and ... filing your taxes this year. In most tax situations, you can use it to file your state and federal returns for free.

Donald Trump has suggested he could scrap federal income tax if he wins the presidency. On a campaign stop to a barber shop in the Bronx, the former president was asked if the United States could ...

Former President Donald Trump has again suggested his wildest tax reform plan - fully removing federal income taxes and saying that the lost revenue can be replaced by funds received from tariffs.

Understanding effective tax rate helps gauge actual tax burden per income. The federal income tax is the primary source of revenue for the United States government. It is assessed on most types of ...

The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...

Trump said the country could return to the economic policies in the late 19th century, when there was no federal income tax. “It had all tariffs — it didn’t have an income tax,” Mr.

The IRS has announced new federal income tax brackets and standard deductions for 2025. In its announcement on Tuesday, the agency raised the income thresholds for each bracket, which applies to ...

The IRS has announced new federal income tax brackets and standard deductions for next year. The new policies start in the new year and will be applied to income earned in 2025 for returns filed ...

This special tax benefit — which is only available to federal officials — would be in addition to massive tax breaks Musk could reap if a new Trump administration further cuts income and other ...

The IRS has released its annual adjustment to the federal tax brackets for tax year 2025, which will be used for filing returns in 2026. With inflation cooling, the adjustment is a modest 2.8% ...

The Internal Revenue Service has unveiled the federal income tax brackets for 2025, which are adjusted for inflation. For filing taxes next year on 2024 income, the standard deduction will ...