The government offers retirement savers a significant tax advantage when they use certain retirement accounts. Traditional accounts allow many individuals to get deductions on contributions upfront, ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does that mean for refunds?

Splitting an IRA among heirs is often the best choice for parents so that there is no dissension or in-fighting among ...

Here’s the catch, it contains a fake link mimicking that of the IRS website. As a rule, the IRS does not contact taxpayers by text or email. Here are simple steps you should be taking to avoid a scam ...

You pay your federal income tax liability through withholding from your paycheck, estimated tax payments (usually if you’re ...

The former interpreter for baseball star Shohei Ohtani was sentenced Thursday to nearly five years in prison for bank and tax fraud after he stole nearly $17 million from the Los Angeles Dodgers ...

Though some social media users interpreted Elon Musk's X post as meaning the service was closed, its website remained active ...

Do you need to pay taxes on credit card referral bonuses, sign-up bonuses or bank account opening bonuses? Let's find out.

IRS Direct File is back again this year with significantly expanded eligibility despite confusion over whether Elon Musk had “deleted” it. (He didn’t.) ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

Social Security can generate real income. The more you earned during your working life, up to each year's income caps, the ...

Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions ...