IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Some of the accounts that may generate taxable interest are traditional savings accounts, high-yield savings accounts, checking accounts and certificates of deposit. Interest is one of the many ...

you might be wondering if your high-yield savings account interest is taxable. The answer is yes, but these types of accounts can offer the potential for significant savings, so don't let that ...