A federal income tax bracket determines a taxpayer's tax rate. There are seven tax rates for the 2025 tax season: 10%, 12%, ...

The child and dependent care tax credit counts up to $3,000 in child care expenses if you have one child, or up to $6,000 if you have two or more children. The lower your income, the larger the ...

With all the hype around ChatGPT, it's tempting to think it could prepare your taxes for you (which, by the way, are due April 15). If you're thinking about using ChatGPT to help you with your ...

In your peak earnings years, generally between the mid-30s to 50s, contributing to a tax-deferred account for the immediate tax deduction might be better than the tax-free growth, she said.

Roths, meanwhile, tax your contributions going in. You can withdraw up to what you've contributed at any time from a Roth without penalty. And provided you're 59½ and have owned the account for ...

FAIRFAX COUNTY, Va. (7News) — With tax season here, various tax scams to steal your money and personal information begin to circulate this time of year. The Fairfax County Police Department ...