President Biden claimed during the State of the Union that the “average federal tax rate” for billionaires is 8.2%. But the actual number is...
taxes-verify
The proposed legislation is a tax credit for individuals and families that meet certain income qualifications, not free money to shop.
A satirical post claims President Biden and the IRS are offering tax incentives to families willing to take in migrants in a new housing...
Viral social media posts falsely claim yearly income-based tax increases are built into a 2017 tax reform law. Here’s what the law actually means...
There are a handful of options you can use to file your federal taxes, and sometimes your state taxes, for free.
In 2024, a parent is allowed to give their child up to $18,000 without having to report it to the IRS.
The rules for clean vehicle tax credits changed on Jan. 1, 2024. Here’s what we can VERIFY about which EVs are eligible for the...
Calif. Gov. Gavin Newsom claimed some red states tax the working class more than his state taxes millionaires. Here's what the data says.
Some states mentioned in online posts are issuing tax rebates in 2023. But this isn’t another round of federal stimulus checks.
If you earn more than $5,000 on payment apps like Venmo in 2024, you should automatically get a 1099-K tax form. Here’s what you...
We VERIFY when newly adjusted federal income tax brackets will take effect.