You've clocked out of work for the last time, and you're ready to kick off your retirement in style. Umbrella drinks, catching up on your hobbies, and … what's that? Hold on, there's someone at the ...

October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...

If you find yourself in a dilemma needing to change a tax return, here is what you want to avoid. To begin with, if the ...

If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...

The wealthy often avoid earned income, which means they escape payroll taxes entirely and ordinary income rates under the ...

Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

Series I U.S. savings bonds are a popular investment, but the federal income tax consequences are anything but ...

International students in the US, including F-1 and J-1 visa holders, must file taxes annually, even without income. This ensures visa compliance and aids future applications. Key forms include 8843 ...

What will the extra lucky winner do with their $740 million Powerball Jackpot? The odds of winning the jackpot are 1 in 292.2 ...

Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...

President Trump's promise of "no tax on tips" and "no tax on overtime" is finally moving from campaign slogan to practical reality, as the Internal Revenue Service begins spelling out how workers and ...

2. A debtor-creditor relationship must exist at the time the debt arose. You have a loss if there was a promise to repay at the time the debt was created and you had the right to enforce it. If the ...