Lawmakers are quickly pushing through a $2 billion tax-cut bill that’s aimed at shaving about $200 off of an average Texas homeowner’s tax tab. The measure sailed through the state Senate by a 30-1 vote Wednesday afternoon, hours after Abbott added property tax relief to his list of items for state legislators to tackle during this year’s third special session.
Bettencourt’s bill now heads to the House, where Speaker Dade Phelan has signaled an eagerness to tackle the matter.
The IRS began issuing another 1.5 million tax refunds this week to people who received unemployment benefits in 2020. That adds to the nearly 9 million refunds, worth...
The Justice Department on Friday said the Treasury Department must hand over former President Trump's tax returns to the House Ways and Means Committee, putting an apparent end...
It’s tax-filing season, and whether you go to an accountant or use online tax software, filing a return can be expensive. But there are free options....
Iowa will move to a 3.9% flat income tax rate under a compromise between legislative Republicans and Gov. Kim Reynolds that paves the way for passage of the massive...
Identity thieves are targeting tax professionals with "spearphishing" emails masquerading as coming from the IRS or tax return preparation software providers, the Service advised in a news...
