About 45 years have passed since a state last eliminated its income tax on wages and salaries. Two Southern states are now on a path to do so if their ...

From increased tax credits to new 1099-K rules, here’s what you need to know to file your 2024 taxes correctly and avoid ...

As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal ...

A: Teens planning to transition should discuss the transition with their parents and make sure their parents don’t claim them ...

In the U.S., many people file crypto taxes using 1099 forms. This guide covers the various 1099 forms you should know about.

A postdoctoral physicist and his wife, who recently immigrated from India, entered a bustling room of W-2 and 1099 forms, ...

Pursuing certain types of credit card debt relief could have a big impact on your taxes. Here's what you need to know.

Estate planners and tax advisers must understand the tax and reporting rules for clients using P2P payment applications for ...

The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income. The Tax Court ...

As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...

SmartAsset ranked 352 U.S. cities based on the percentage change in the proportion of households earning $200,000 or more annually over one year.

Learn how to file your crypto taxes in the US for the 2024–2025 season. Understand IRS rules, reporting requirements and ...