Adjusted gross income is a tax term everyone should understand. Also known as AGI, it has ramifications that extend beyond the tax season. “People are asking you all the time for your adjusted ...

If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income.

Understanding tax deductions for charitable donations can significantly impact your financial planning. Learn who qualifies ...

Under tax plan introduced by South Carolina House Speaker Murrell Smith (R), the state would go from having the region's ...

However, the IRS changed the rule a few years ago as a result of the Tax Cuts and Jobs Act and now automatically considers equipment gains to be farm income. We hope USDA will update their AGI ...

For example: Recipients in Utah pay the state's flat 4.55% income tax rate. Recipients in Connecticut can deduct all of their federally taxable Social Security income if their adjusted gross income ...