Does the tax on your year-end bonus check seem high? Here’s why
Companies often withhold tax from bonuses at a flat 22% federal rate. For many, that means their check may seem
Read More
Tax refunds
House lawmakers scrutinize pandemic-era small business tax break expert calls ‘fraught with fraud’
Scrutiny of a pandemic-era tax credit intensified this week for the employee retention tax credit. Here's what it means for
Read More
The free online tax-filing system IRS is testing doesn’t include automated returns — but pre-populated ones may be possible, research shows
The IRS is testing free direct filing for some taxpayers in 2024. Research shows that pre-populated tax returns may be
Read More
There’s another April 18 tax deadline that many forget about, pro says. Here’s how to avoid a penalty
The deadline for first-quarter estimated tax payments for 2023 is April 18. Here's how to avoid a late payment penalty,
Read More
Are you tax-savvy? Take our quiz to find out
As part of Financial Literacy Month, CNBC wants to help you take charge of your financial future. You can start
Read More
Married filing jointly vs. separately: How to know when filing apart makes sense
Married couples have the choice to file income taxes jointly or separately every year. Here's how to pick the best
Read More
IRS: Residents of more than a dozen states do not need to report ‘special payments’ for welfare, disaster relief on their federal return
The IRS on Friday issued state rebate and payment guidance for millions of filers urged to pause federal filings. Here's
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
Some ‘Secure 2.0’ retirement proposals in the Senate look different from the House version. Here are key provisions under consideration
A sequel to the original Secure Act of 2019 continues to advance in Congress, although not all proposals are guaranteed
Read More