TurboTenant reports that the IRS will know about your rental income, and failing to report it can lead to serious penalties ...

Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...

If you've received an audit from the Central Collections Agency and thought no big deal, think again, because now you may ...

Is Trump giving Americans $2000 tariff dividend payment? Who qualifies for stimulus checks 2025? Here's who, when and what to ...

President Donald Trump posted on Truth Social about using tariff revenue to pay dividends to Americans. Trump suggested ...

Here's how much could be available and why Congress and the Supreme Court could stand in the way of President Trump's ...

What comes back from the dead more frequently than Michael Myers, Jason Voorhees and Freddy Krueger? Efforts to impose an income tax in Washington State. Like those perennial terrors, this income tax ...

A campaign urging an increase in the income tax threshold has hit a major milestone, with mounting pressure on Chancellor Rachel Reeves to raise the personal tax allowance limit for the lowest earners ...

The leader of Labour in Scotland has refused to say whether Rachel Reeves will break the party’s manifesto commitment not to raise taxes. Anas Sarwar said taxpayers will have to “wait and see” what is ...