Imagine being retired and having to adjust to living on a fixed income. It may not be the easiest thing to go from a steady ...

Here's a quick explainer on how tax breaks work, five different deductions the IRS offers for parents and what to know about ...

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

When it's time to file your tax return, you'll need to report any interest you've earned on your CD over the tax year. You'll ...

Saving money for retirement in a 401(k) or IRA comes with some big tax advantages. Any money you contribute to the account is ...

JEFFERSON CITY, Mo. (KCTV) - Lawmakers in Missouri are taking a break as we reach the official halfway point of the ...

A petition has secured 84,000 signatures as pressure grows on Chancellor Rachel Reeves before the Spring Statement ...

Virtually all economists, citing years of data and analysis, characterize tariffs as tax hikes rather than tax cuts.

For 2025, single filers must have a modified adjusted gross income (MAGI) of less than $150,000 to contribute the Roth IRA maximum of $7,000, or $8,000 for those age 50 or older. For married couples, ...

For those workers and households who have low or moderate incomes, it is possible to improve their economic situation thanks ...

Negotiations between the mayor and Council over what ends up in the final budget deal are a big deal in City Hall. But when ...

Amid an escalating global trade war, President Donald Trump this past week slapped new tariffs on steel and aluminum products ...