With many federal employees unexpectedly losing their jobs, now is a good time to review some essential tax rules.

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

**Surviving Spouse as Default Beneficiary**: If you are married and do not name a beneficiary, your spouse automatically ...

Form 5329 is an attachment to the federal income tax return that must ... a health savings account (HSA), or an education savings account. Received taxable distributions from an education savings ...

These HSA products are among the plethora of options out there for investors to save money on their taxes by putting pre-tax ...

Maximize your tax refund with strategies like adjusting your withholding, contributing to retirement accounts, taking ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

Understand dividend taxes and learn about qualified vs. ordinary rates. Discover how dividends are taxed and optimize your ...

the funds held within an HSA are also tax-deferred, meaning these investments can grow over time in a tax-deferred fashion, allowing returns to compound more quickly. And finally, withdrawals for ...

For example, you may receive 1099-SA reporting HSA distributions ... You'll probably hear from the IRS if you don’t report taxable income from a 1099 form. Its automated computer system compares ...