Guam’s 2025 income tax filing season starts Monday, Jan. 27, the Department of Revenue and Taxation announced on Wednesday. DRT is reminding taxpayers that all filings for 2024 tax returns must be ...

Learn how the income exclusion rule categorizes certain incomes, like certain interest and child support, as tax-free, ...

Much discussion has taken place this past year regarding the taxability of Social Security. Several tax law changes that were enacted in 2025 under the One Big Beautiful Bill impact the overall ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Johner Images/Getty Images A new ...

A new deduction created under the ‘One Big Beautiful Bill’ will allow senior taxpayers to subtract between $6,000 and $12,000 from their 2025 taxable income, lowering their overall tax burden.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Illinois opens the tax season on Jan. 26. Learn about filing tips, refund timelines and how new USPS postmark rules might affect mailed returns.

As you sort through your taxes before filing this year, don’t forget that you could be eligible for certain credits and deductions. And note that there are some new breaks you might qualify for, too.

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...

The IRS will open the 2026 tax season later this month, but you'll need your W-2 to begin the personal income tax-filing process. The IRS received more than 11 million tax returns by the end of ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...