For the 2025 tax year, the maximum refund available through the EITC reaches $8,046, offering a huge financial leg up to families with three or more qualifying children. The credit is designed to ...

Senior Trump administration health officials have been meeting to discuss how to respond to the year-end ACA subsidy ...

U.S. Sen. Michael Bennet and Attorney General Phil Weiser have cleared the field in the Democratic primary for Colorado ...

The Senate approved a long-sought funding package that would end the government shutdown late Monday, bringing Congress one ...

Instead, the meeting confirmed the curious direction of U.S. China policy in Trump’s second term. The president has not only broken with the policy of the Biden administration but also seems to have ...

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New deductions will lower the tax bills for many Americans. Those who prefer to pay less in taxes throughout the year may want to adjust the amount withheld from their final paychecks of 2025.

Pub. L. No. 119-21, enacted on July 4, 2025, marks a sweeping overhaul of the United States Internal Revenue Code of 1986 (Code). Fulfilling a major campaign promise of the Trump Administration, the ...

Your 2026 paycheck may be about to get a boost: New and increased tax breaks from the 2025 Trump/GOP spending bill could allow millions of workers to increase their monthly take-home pay next year.

Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold stock, real estate, or other capital assets, knowing the correct long-term ...

Impact sat down with Brandon, Elyott, and Mackenzie, and asked them about their experiences in the Management Information Systems (MIS) Program. Brandon Bliss came to Michigan Tech from Mt. Pleasant, ...

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there were seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...