Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Thousands of people across four counties in Southern California have been evacuated from their homes as wildfires burned through the region this past week, some escaping at the last minute while ...

President Donald Trump’s new tax bill cuts the income tax liability for many Americans.

Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. On May 12, the House Ways and Means Committee released its long-awaited budget reconciliation bill ...

Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.

Prime Minister Mark Carney said that starting in 2027, the Canada Revenue Agency would begin auto-filing tax returns for low-income Canadians, allowing them to simply confirm the information in a ...