The US is proposing a major change to its tax laws for Americans abroad - allowing them to opt for 'residence-based taxation' ...

A magical time of life, retirement also comes with a dubious dose of magical thinking. Yes, you’ll write that memoir (because it will write itself). Of course you’ll drop those 20 pounds (without ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

With the 2025 tax season opening this month, Free File could be just what you need to get your taxes done early -- and for ...

As tax season approaches, many Americans are seeking efficient ways to file their taxes. The IRS Free File program offers a ...

Taxpayers are starting to see the effects of the new federal income tax brackets for 2025 in their first paychecks of the ...

Tax season 2025 is here. Many Americans are starting to think about preparing returns. Some of us are putting it off. Here ...

Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to avoid a ...

This year the IRS is giving eligible filers an affordable head start. Starting today, IRS Free File will begin accepting ...

Under the expansion, individuals who make up to $200,000, or joint filers who make up to $250,000, may be eligible to use the ...

The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children. For the 2024 tax year (taxes filed in 2025), the credit is worth up to ...

The deadline for fourth-quarter payments is Jan. 15. After that, penalties begin accruing on underpayments at a 7% rate.