Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

Learn how taxes on interest income work, how to report it on your taxes, and which interest income is taxable. Get the full ...

Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...

Tax time is stressful for everyone, but there may be some good news for seniors receiving medical care in their homes, assisted living communities, skilled nursing settings or other senior living ...

If you're traditionally employed with no major outside sources of income and you haven't experienced a major life event, you ...

The IRS has officially kicked off the 2025 tax filing season, accepting 2024 federal tax returns. Here's what you need to ...

What's the difference between standard and itemized deductions? Here's what it could mean for your 2025 tax refund.

The IRS has powerful tools at its disposal, and if your tax debt exceeds $25,000, the penalties could be serious.

We're three months into the new year and another month closer to the deadline to file your 2024 income tax returns. The IRS started accepting tax returns on Jan. 27. Most tax advisors recommend ...

The traditional penalty for not filing taxes by the deadline is 5 percent of the tax due for each month the return is late.

Sounds like a lot. Retaliatory tariffs totalling $155 billion — $30 billion right away and, if they have no effect, an ...