Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal ...

We personally tested seven major online tax filing services, breaking down cost, features and expert support to help you find ...

Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

Iowa Gov. Kim Reynolds reacts after signing a property tax cut bill, Thursday, May 4, 2023, at the Statehouse in ...

As a small business owner, you have a lot on your plate and filing your taxes might seem like an overwhelming task. But the right online tax-filing software can save you time, money and stress. CNBC ...

We found that TurboTax is the most user friendly and comprehensive tax software for nearly all situations, yet its premium ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

WASHINGTON—It’s the season of hope, but there’s little of that on Capitol Hill for the enhanced tax credits for Obamacare health insurance that expire New Year’s Day. With roughly 22 million Americans ...

As inflation and rising living costs continue to strain household budgets across the United States, several state governments aim to provide targeted financial assistance to their residents before the ...

And the winners are . . . The Globe’s “Top Places to Work” rankings are out. Did your employer make the cut? You can check out the entire package here. It’s déjà vu all over again. “Groundhog Day.” ...