"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 ...

Read our comprehensive TurboTax review to explore features, pricing, ease of use, and customer support. Find out if TurboTax ...

LITTLE ROCK, Ark. (KATV) — On Saturday, Entergy Arkansas and community partners hosted Super Tax Day free filing events across the state. IRS-certified volunteers were available to provide assistance ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

"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 ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

Self-Managed Super Funds (SMSFs) are becoming increasingly popular as a retirement savings option in Australia. SMSFs offer a ...

The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...

Buc-ee's filed a lawsuit against a smaller Texas-based gas station chain on allegations of copyright infringement, claiming Super Fuels' logo is too similar to the Buc-ee's logo. The lawsuit filed ...

Source for all charts: IRS (PDF). Most taxpayers with simple tax returns claim the standard deduction, which reduces their taxable income. If you receive your wages solely from an employer as a W ...

Tax deductions can work both as above-the-line deductions or as itemized deductions. Above-the-line deductions are applied to your adjusted gross income (AGI) even if you claim the standard ...

Super senior citizens (80+ years): ₹5,00,000. New Regime: Uniform exemption: ₹3,00,000 for all taxpayers. Income tax deductions allow taxpayers to reduce their taxable income by claiming specific ...