Fifty-one percent of U.S. workers are aware of a tax credit that may help them save for retirement and lower their tax bill, according to new survey findings from nonprofit Transamerica Center for ...

On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...

With April 15, 2025, tax deadline fast approaching, millions of taxpayers are making final preparations for their Individual Tax Filing. The IRS has reiterated the importance of accuracy and ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

Filing taxes can be challenging, and it’s easy to make mistakes like math errors, missing deductions, or choosing the wrong ...

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...

The IRS has announced a one-time financial support of $1,700 for eligible families through the Child Tax Credit (CTC). This initiative aims to ease the tax burden for 2024 while promoting child ...

Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

Yet, Trump and Republican leaders insist on extending tax breaks passed in 2017. Trump slashed income taxes by $60,000 for ...

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...