The ultra-rich have mastered the art of hiding wealth, often finding creative ways to shield their money from tax authorities ...

Investors who hold assets in taxable accounts—as opposed to tax-favored retirement accounts such as IRAs or 401(k)s—are ...

Tax season is in full swing, and the IRS anticipates that 140 million individuals will file returns by April 15. Here's the IRS tax refund schedule for 2025 and other information that will help you ...

In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points.

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

The expiration of provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) at the end of 2025 presents an opportunity for ...

By C. Robert Holcomb and Gary Hachfeld, University of Minnesota Extension The new “2007 Ag Income Tax Update for Farm Families” from University of Minnesota Extension outlines tax law changes ...

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...