For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse ...

Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...

Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.

President Donald Trump signed his massive spending and tax policy package on Friday. It includes new tax policy aimed at ...

New $6,000 deduction will help 88% of beneficiaries avoid taxes on benefits, but it's not a direct elimination of Social Security taxes.

The Tolland man has been charged with tax and fraud offenses after he allegedly created fake trusts in order to obtain ...

President Donald Trump signed into law a sweeping tax and spending package that significantly raises the federal excise tax ...

The bill is deeply unpopular - with nearly 2-to-1 opposition, according to a Washington Post-Ipsos poll conducted in June.

Gov. Mike DeWine signed the state’s $60 billion budget on Monday night, and while he vetoed 67 items, he kept in the ...