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

This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) (the "Fund") with information regarding the sources of the distribution to be paid on March 31, 2025 ...

T he Internal Revenue Service (IRS) has issued a final reminder this month, warning that failing to meet this deadline could ...

How will DOGE and the Trump Administration's cuts to federal workers affect the IRS and you getting your tax return?

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

The IRS has issued a crucial reminder for retirees in the U.S.: those turning 73 in 2024 must take their first Required Minimum Distribution (RMD) from their retirement accounts by April 1, 2025.

The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.

Employers, businesses, and tax professionals can now e-file 1099, 1098, and 1095 forms with TaxBandits to meet the IRS e-filing deadline. Filing on time ensures compliance and helps avoid costly ...

How Do I Report an IRA Rollover? Your IRA brokerage will send you a Form 1099-R that will show how much money you took out of your IRA. On your 1040 tax return, report the amount on the line labeled ...

CNBC Select explains how to file your taxes safely and accurately to avoid mistakes, penalties and scam artists.

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

In our new Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on reporting income and tax ...