The standard deduction is rising to $32,200 for married couples filing jointly in 2026, an increase of $700 over 2025.
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...
AUGUSTA, Maine (WMTW) - Gov. Janet Mills says the state will not conform without legislative approval to some changes made in President Donald Trump’s One Big Beautiful Bill Act (OBBBA). The biennial ...
John Murphy, a managing director of strategic advisory at Haig Partners, joined WSJ’s Take On the Week to break down the massive shifts under way in the auto industry. Photo: WSJ Late last month, GM ...
The Energy Efficient Home Improvement credit allows homeowners to claim up to $3,200 for certain upgrades, but it expires at the end of the year. Charges dismissed against woman in DWI crash that ...
Tax brackets for 2026 have edged higher, keeping in step with inflation. Those who are feeling financial strain right now are about to get some relief. Taxation of capital gains won't hurt quite as ...
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The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
This story was produced by the Oregon Journalism Project, a nonprofit newsroom covering the state. A ballot initiative to eliminate Oregon’s estate tax, Initiative Petition 51, is moving forward even ...
Americans may see a boost in next year’s refunds in part due to provisions in President Donald Trump’s “big, beautiful" ...