The Fair Tax Act, explained: What to know about the Republican plan for a national sales tax, decentralized IRS
A group of House Republicans is revisiting the Fair Tax Act, which would replace certain federal taxes with a national
Read more
Internal Revenue Service
Trump’s tax returns show no Social Security benefit income. Here’s what retirees can learn about claiming
The former commander in chief seems to have foregone Social Security benefit income. But you may not want to employ
Read more
Read how much Trump paid — or didn’t pay — in taxes each year
Donald Trump has guarded his income tax returns from public disclosure. A House committee has voted to release them in
Read more
‘Early filers’ should wait to submit their tax return in 2023, the IRS warns. Here’s why
The IRS has a warning for early tax filers: You'll need to wait for "key documents" before submitting your return.
Read more
You may get a 1099-K for Venmo and PayPal payments. Here’s how to prepare — and shrink your tax bill
If you've received payments via third-party networks such as Venmo or PayPal, you may get a Form 1099-K. Here's how
Read more
This tax strategy may offset losses – but investors need to act now or be in for a ‘nasty surprise’
BNY Mellon’s Ben Slavin believes it’s a key time to sell losing investments in order to cut down on capital
Read more
‘A lot of people are going to see less money in their pocket.’ Here are must-know tax changes for 2022
There are significant changes for the 2022 tax season. Here's what taxpayers need to know. Source link
Read more
Tax ‘refunds may be smaller in 2023,’ warns IRS. Here’s why
If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS.
Read more
Powerball jackpot hits $1 billion — but only if you pick the less-popular prize option. If you win, here’s the tax bill
Regardless of whether you take the windfall as an annuity spread over three decades or as a lump sum payment
Read more