Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Find out how a tax relief service could help settle your IRS tax debt.

Nancy Pelosi, the former Speaker of the House, took to X on Monday to express her disapproval of the MAGA Republicans’ “tax ...

North Canton's mayor announced the Hoover Foundation will give the city $750,000 for a new fire station if voters approve an ...

"We need charitable giving to go up, not down. So the governor's proposal raises a lot of concerns," said Jim Klocke, CEO of ...

A long-term decline in Americans’ participation in charitable giving accelerated during the Covid-19 pandemic.

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Most Americans like the Trump administration's tax cuts. Now, Congress must decide what taxpayers would give up to keep them. President Donald Trump mandated sweeping tax relief, especially for ...

A bill that advanced to the Senate floor could shutter at least 20 IPS schools and eliminate hundreds of jobs, Superintendent ...

Like every year, Budget 2025 is also being looked at to provide some income tax relief to the common man, salaried middle class taxpayers. This would also help boost consumption with more ...