Browsing: Tax

Filing taxes in the United States could be free and simple for everyone — if only tax prep companies weren’t lobbying to keep it so complicated.…

Democratic presidential candidate Kamala Harris (R) shakes hands with Republican presidential … [+] candidate Donald Trump during a presidential debate in Philadelphia, Pennsylvania, on September 10,…

Tax Day traditionally falls on April 15, but because of a well-placed weekend and Emancipation Day, we all get a little extra time this year. The…

Did you receive Form 1099-Q this tax year? The Internal Revenue Service (IRS) requires payers to send you this tax form if you took distributions from…

Momo Productions | Digitalvision | Getty ImagesChild tax credit for 2025The refundable portion of the child tax credit — a tax break parents can take for…

The Internal Revenue Service (IRS) uses Form 1099-R to report income from retirement distributions, including withdrawals, rollovers, and conversions. Meanwhile, Forms RRB-1099 and RRB-1099-R report railroad…

Christopher Grigat | Moment | Getty ImagesInvestors can generally reduce their tax losses in a portfolio by using exchange-traded funds over mutual funds, experts said.”ETFs come…

Health savings accounts have become popular workplace perks with significant tax-advantaged investment opportunities — but many Americans have no idea how they work. About 26 million people…

Updated for tax year 2024. Ah, the ultimate tax question: What should you do if you owe more taxes to the Internal Revenue Service (IRS) than…

Have you ever wondered how to make sense of Form W-2? A W-2 form is more than just a piece of paper; it’s a breakdown of…