The Internal Revenue Service announced increases to the federal income tax brackets and the standard deduction for 2025.

You can get free assistance preparing income tax returns. There's also free tax software for those preparing their own and a ...

Tax-loss harvesting allows an investor to sell a security at a loss to offset capital gains income and then reinvest in a ...

Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

As the 2025 tax season approaches, taxpayers are eager to file their returns and receive their refunds. However, ongoing ...

At a minimum, prepare a list from memory of the improvements you made, including the year and the approximate cost.

This system for naming and storing all the paperwork you need to prepare your taxes is easy, and you don't have to follow it ...

From Feb. 8 through April 5, the University of Central Oklahoma's Volunteer Income Tax Assistance (VITA) program will provide ...

Although the incoming administration vowed to end the EV incentives, buyers can still benefit, and these are all the EVs that ...

Ok tax class, today let’s talk about how to get a deduction for home office expenses. What is that? Home office deductions allow self-employed folks to deduct expenses related to the business use of ...

Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in ...