Key Points ・Trump Accounts (savings plans for children) will open in 2026 with a one-time $1,000 federal contribution for ...

The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to ...

The Internal Revenue Service’s free online filing system is no more. First rolled out as a limited pilot in 2024 under the Biden administration, the Direct File program allowed taxpayers in certain ...

A government program that allowed taxpayers to file free federal tax returns has been cancelled, but there are still no-cost options available — especially if you meet certain income requirements or ...

Major tax bracket and deduction changes are coming in 2026, making it essential for taxpayers to understand the new rules and ...

With one day remaining for Cook County residents to file a property tax appeal, we’ve created a guide to appeal for those who haven’t submitted their appeal yet – and for those who want to check it ...

Half advice show. Half survival guide. Half absurdity-fest. (Wait, how does this work again? We're not numbers people.) Each episode, we answer all your burning questions, from how to survive a public ...

As residents raised affordability concerns, city council put off adoption of a tax rate classification, asking officials for ...

The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...

The amount is three times as much as plaintiffs were seeking. Following a week-long trial, a federal jury has ordered former New York City Mayor Rudy Giuliani to pay nearly $150 million to former ...