Latest
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What Are the Income Tax Brackets for 2023 vs. 2022?
tax brackets Depending on your taxable income, you can end up in one of seven different federal income tax brackets.
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Biden Calls for Doubling of Capital Gains Tax Rate
President Biden wants to increase the capital gains tax rate and the Medicare tax rate to have wealthy people pay a “fairer” share of taxes.
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Powerball Lottery Winner Will Pay Some Hefty Taxes
Whenever someone wins the Powerball jackpot, the federal government gets a chunk of the prize from taxes.
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Biden Wants a Wealth Tax: Should Billionaires Pay More?
Debate over how much tax billionaires and millionaires should pay is heating up given the wealth in the Biden budget.
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Pink Tax: What Does Price Discrimination Cost Women?
Women's History month is a good time to revisit the “pink tax”—a form of price discrimination that’s banned in many states but costs women millions of dollars each year.
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13 Tax Breaks for Homeowners and Home Buyers
Tax Breaks Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those costs.
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After Storms, IRS Extends Tax Deadline for California, Alabama, and Georgia
Many taxpayers impacted by storms and disasters in Alabama, Georgia, and California now have more time to file federal tax returns.
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Tax Day 2023: When Is the Last Day to File Your Taxes?
tax deadline Tax Day for most of us is April 18. This is when Federal income tax returns are due. But some people have some extra time to file. Are you one of them?
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Income Tax Brackets for 2023 Are Set
Although the federal tax rates didn't change, the tax bracket income ranges for the 2023 tax year are adjusted to account for inflation.
