Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...
The 'One Big Beautiful Bill Act' (OBBBA), signed into law on July 4, 2025, by President Trump, marks the end of the IRS's free tax filing programs. This includes the termination of the IRS Direct File ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. HABesen/Getty Images The IRS is ...
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year. But which workers will qualify for the new deductions ...
(The Hill) — The IRS is mulling a massive transformation to the way Americans file their taxes. As Americans prepare for the upcoming filing deadline, the IRS is studying how it could build its own ...
The American Rescue Plan Act of 2021 will make most student loan forgiveness tax-free until 2025, then borrowers may owe thousands in taxes.
Gov. Jared Polis is asking the federal government to reverse its decision to suspend a free tool that streamlines tax filing.
Gov. Jared Polis asked the federal government to reconsider its decision to halt IRS Direct File in a letter sent Wednesday ...
If you've wanted to install rooftop solar panels or buy an electric vehicle in recent years, you've probably been able to get federal money for them in the form of tax credits. But those incentives ...
Solar panels are seen on the roof of a commercial building in West Los Angeles, on Jan. 4, 2025. Solar panels are seen on the roof of a commercial building in West Los Angeles, on Jan. 4, 2025.Daniel ...
The US federal estate tax has come a long way since 2000, when the exemption level was set at $675,000. The amount has increased greatly over the past quarter century. Americans who die in 2025 may ...
Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...