Higher income taxpayers – those with modified adjusted gross income exceeding $500,000, or $250,000 for those married filing separately – won’t be able to take full advantage of the $40,000 deduction.

Learn how the 2025 OBBBA changes tax brackets, deductions, credits and business rules in 2026 — and what the updates could mean for your refund and tax bill.

CINCINNATI (WKRC) - As tax season approaches, several changes to the federal tax code could affect refunds, deductions, and how taxpayers pay the Internal Revenue Service, according to tax experts.

Filing early can help you access refunds quicker, but make sure you have all of your paperwork beforehand. In a year with bigger refunds and major tax changes, taking a little extra time could help ...

From free filing and bigger child tax credits to no tax on tips and overtime, here's every 2026 tax change you need to know to keep more money in your pocket.

After weeks of pressure from D.C. officials, the District's Chief Financial Officer (CFO), Glen Lee, issued a letter stating that his office will follow through with the tax code approved by the DC ...

Legislation passed by Congress and signed by President Donald Trump to overturn part of D.C.’s tax code does not impact the current tax filing season, D.C.’s attorney general said in an opinion ...

Florida lawmakers decouple state corporate tax code from federal updates to avoid revenue loss and address budget shortfalls.

Right now, filers across South Carolina are waiting on tax refunds as the state looks to bring in new deductions that could increase returns.

COLUMBIA, S.C. (WCBD) – South Carolina taxpayers could see additional deductions on their state returns as lawmakers move forward with a proposal to bring the state tax code in line with recent ...