(WSPA) – The Treasury Secretary has said many Americans will see a very large refund this tax season and tax experts we spoke with don’t disagree. 7NEWS Here to Help breaks down how the new tax rules ...

The new Trump tax law, built around The One Big Beautiful Bill Act, is reshaping how Americans will be taxed in 2026 and making a zero federal income tax bill a realistic outcome for some households.

The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and next. Those updates are the result of changes in inflation but also due to ...

WASHINGTON — With tax season underway, Maryland residents could see more cash returned to them because of federal tax laws that were enacted last year — but whether it’s a subtle bump or a larger ...

The so-called One Big Beautiful Bill Act (OBBBA), which was enacted on July 4, 2025, as P.L. 119-21, made a number of significant changes to the tax law. Among these was the expansion of rules ...

SPRINGFIELD, Ill. (WTVO) — Illinois tipped workers hoping for a break under the new federal tax law are in for a surprise: the state will continue taxing tips. Illinois has rejected adopting a new ...

New federal tax exemption has wealth managers shifting estate plans Matthew Lee, director of wealth strategies at Wilmington Trust's Emerald Family Office and Advisory, sits down with InvestmentNews ...

Commercial banks are now required to file reports on bank accounts with N25 million quarterly turnover and above to the Federal Inland Revenue Service (FIRS) or other related agencies for effective ...