Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Filed and forgot it? Most people don’t think about needing a previously filed tax return from a past year until they need it in dire straits. Whether you were audited ...

Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to ...

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points.

This is the big one. April 15 is the deadline to file your federal income tax return for 2024 unless you request an extension ...

The IRS started accepting 2024 tax returns on Jan. 27, and the agency posted the first statistics from tax season 2025 last ...

You'll get access to an ad-free website with a faster photo browser, the chance to claim free tickets to a host of events ...

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...