Reportedly the biggest layoff of probationary federal workers so far under new Trump administration orders is underway today at the Internal Revenue Service.

Gov. JB Pritzker faces a $3.2 billion deficit as he unveils Illinois' budget, tackling spending priorities and federal ...

almost $4.9 trillion was financed by federal revenues. The remaining amount was financed by borrowing. (Note: In this analysis, the figures are adjusted for certain one- or two-day timing shifts in ...

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

Federal revenue, at 17.1% of GDP during the last fiscal year, was at just about the post-World War II average of 17.2%, but spending was 23.4% compared with an average of 19.8%. A chart like this ...

When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is ...

Your federal income tax bracket helps determine how ... up $800 from the previous year. Source for all charts: IRS (PDF). Most taxpayers with simple tax returns claim the standard deduction ...

Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.

The Mag 7 stocks rose more than 67% in 2024, allowing S&P 500 to post a 25% return, its second consecutive year of 20%+ gains ...

Tax brackets dictate how much you’ll pay on each part of your taxable income for the year. They’re not set ... income that you don’t need to pay federal taxes on. Most taxpayers take the ...