“General tax return documents should be kept at least three years,” Stranger said. “But it can be good to keep records for seven years, because the IRS could go back that far if there are certain ...

Tax experts explained seven red flags that signal you might be making costly crypto tax mistakes, and what to do about them.

On a similar note, many business owners fail to recognise the importance of categorising transactions – it's far more than ...

Employers keep paycheck records to comply with federal and state laws, complete tax returns, and use in audits. Here's what you need to know.

Your tax return could trigger an IRS audit if you're missing key tax forms, experts say. Here's a checklist of forms and when ...

From untaxed tips and overtime to a new incentive for new-car buyers, to a bigger child tax credit, Consumer Reports breaks down what it means for you.

Thousands of people across the country are being urged to prepare for HM Revenue and Customs' (HMRC) income tax change that ...

Those affected will need to keep digital records and send HMRC 'light-touch' quarterly updates of their income and expenses ...

Here’s what you need to know if you want to file your taxes with H&R Block’s tax prep software this year.

The new Trump Account sounds very interesting Should I contribute to it for my children Anything that worries you ...

Experienced rental owners don’t rely on memory at year-end. They capture expenses when they occur, whether that’s while they’re out shopping for supplies or during a repair service call. Receipts are ...