If you take a distribution from a Roth IRA that is fewer than five years old, the portion of the withdrawal that comes from investment earnings could be subject to income tax and an early ...

With the 2025 tax season underway, the IRS Free File partnership could be just what you need to get your taxes done with ease and for $0. Macy Meyer is a North Carolina native who graduated from ...

"opted to receive the credit upfront in the form of 'cash on the hood' at the time of sale." And those buyers who benefited at the point of sale don't now qualify for a tax credit when filing a ...

Conflicting evidence about when a couple sought to pay installments on their 2008 tax bill requires a lower court to take another look at the IRS’s attempts to collect that began almost 12 years later ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

she had a studio but sold her business during Covid because it was “impossible to deal with the tax situations” and the pandemic all at once. The 35-year-old teaches yoga part-time in Perth ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

MANILA, Philippines — The Court of Tax Appeals (CTA) has dismissed the petition of a collector to recover six undeclared Commonwealth-era Philippine banknotes seized from a package that was sent ...