Members of the General Assembly are set to join Gov. Henry McMaster to discuss a state income tax reform plan.

The only option open to taxpayers at all income levels is a traditional nondeductible IRA, but this subjects investors to two big drawbacks: required minimum distributions (RMDs) and ordinary income ...

The number of incidents of fraud perpetrated against individuals and the resulting loss amounts have both drastically ...

There are millions of Americans today who collect monthly benefits from Social Security in retirement. And without those ...

The Republican-led legislature is considering changing or repealing some voter-approved measures, including abortion ...

Here are some tax deductions that are often overlooked. Medora Lee, a personal finance reporter with USA Today, joins CBS News with more details as the 2025 tax filing season comes to an end.

Internal Revenue Code (IRC) Section 6103 governs the release of taxpayer information, including names and addresses. This section permits the IRS to share information with other government agencies ...

Do you have altcoins or Bitcoin in your financial portfolio? Here’s everything you need to know about reporting ...

Trump announced immediately after his inauguration that he would be reducing the size of the federal government and appointed ...

As Americans file their taxes, scammers are increasing their efforts to steal personal information. Take these steps to ...

What's an employer to do when an employee shows up at the office with a cold or the flu and spreads germs to co-workers?

A review of U.S. Census Bureau data by personal finance website WalletHub found Kentucky ranks second overall among states ...