Provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other markets.

President Donald Trump keeps saying that Republicans' mega tax and spending cut legislation will eliminate taxes on federal ...

Since the Social Security tax is 6.2% of your paycheck, that means you'll see an increase in pay of 6.2%. An employee who regularly makes $2,000 per paycheck after taxes can expect to make ...

For 2025, the standard deduction increases to $30,000 for married couples filing jointly, up from $29,200 in 2024. The tax break is also larger for single filers, who can claim $15,000 in 2025, a ...

As the first paycheck of 2025 hits your bank account, it could have slightly more money due to IRS tax bracket changes. The IRS in October announced the federal income tax brackets for 2025, which ...