The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...

New York sellers face some of the highest home equity tax exposure in the U.S. Even longtime owners of modest homes risk five ...

Hoping to see New York state’s inflation refund check hit your bank account later this year? You shouldn’t see a direct deposit from the state – rather, inflation ...

Also included in the list of now tax-free items are safety equipment like fire extinguishers, smoke alarms, carbon monoxide detectors, life jackets and bike helmets.

Range reports that Trump's "Big Beautiful Bill" offers significant tax changes for high earners, including increased estate tax exemptions and expanded SALT deductions.

Trump’s tax and spending cuts bill clears key Senate vote as Republicans race to pass it by July 4 By LISA MASCARO, KEVIN FREKING and JOEY CAPPELLETTI The Associated Press, Updated June 29, 2025 ...

News about Income Tax, including commentary and archival articles published in The New York Times.

Consumer Reports explains just how the scams work, plus some filing advice on whether you plan to hire a pro or do your own.

According to industry reports, there are more than 130,000 tax preparation businesses with nearly 300,000 employees in the United States. For the sake of comparison, that’s roughly the amount of ...

WASHINGTON (AP) — The Senate is expected to grind through a rare weekend session as Republicans race to pass President Donald Trump’s package of tax breaks and spending cuts by his July Fourth ...

Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax (SALT) deduction cap at $10,000.

An unconventional Commissioner comes amid broader efforts to reshape the IRS and tax policy in 2025.