News

Richest 20% Get an Average $6,055 Income Boost in Trump Tax Bill
The Senate’s version of President Donald Trump’s proposed tax cut bill will cost the bottom 20% of taxpayers an average of ...
7 ways to lower your taxable income this year — and trim your 2025 tax bill
Another way to reduce your taxable income is by contributing to a traditional IRA. The maximum contribution is $7,000 in 2025 ...
FingerLakes1.com2d
$3,000 IRS tax refund schedule: When will July payments arrive?
Eligible taxpayers may receive their $3,000 IRS refund checks starting July 2025. Learn the exact dates based on how and when ...
The Tax Adviser3h
Treaty-based foreign tax credit and net investment income tax
Recent court holdings allowing the credit against the tax may encourage similarly situated taxpayers, but procedural hurdles ...
Filing a tax return after a parent dies
Review bank statements to see if there is any indication her income climbed enough in her last years to require filing an income tax return.
Liz Weston: My mother died 10 years ago, and I never filed her last tax return. Should I do it now?
Answer: If you still have access to her paperwork, you can review her bank statements to see if there is any indication her income climbed enough in her last years to require filing an income tax ...