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Social Security is coming for a bigger chunk of your paycheck

The portion of personal income subject to Social Security tax has increased to $168,600 this year, up from…

Biden’s student debt forgiveness may be taxed in these five states

Millions of borrowers may be eligible to receive some student loan forgiveness under President Joe Biden’s…

What is Tax Day? Everything you need to do about the deadline to file your taxes

Tax Day is quickly nearing, meaning the clock is winding down for Americans to file their…

Why Americans aren’t rushing to file taxes

Time is running out to file your taxes. The tax deadline is less than a month…

Here is how long you should keep records of your tax filings

An audit from the Internal Revenue Service can cause headaches for millions of taxpayers who were…

Do you need to include payments from third-party processors like Venmo and PayPal in your tax filings?

When filing your taxes, you can expect quite a bit of paperwork to come your way.…

What are the most common form of taxes in the United States?

Property, income and estate tax are the most important forms of revenue in the United States…

Small business and self-employed taxes: Everything you need to know

Tax-paying small business owners and self-employed individuals in the United States are one of the most…

The history of income taxation in the United States

Income tax is the most important revenue stream for the federal government, which allows it to…

TurboTax, H&R Block and more tax companies you can e-file with in 2024

Tax season is upon us, meaning it’s time to decide how you are going to file…

State income taxes: Everything you need to know

State income tax is an additional tax payment that millions of Americans must file along with…

Here are the six IRS tax forms to be aware of by April 15

In the United States, paying your taxes is one of the most important tasks a citizen…

If you can’t file your taxes to the IRS by the 2024 deadline, you can apply for a tax extension

The deadline to file your taxes is quickly approaching. For 2024, the deadline to file is…

How to file your 2023 taxes and get the most out of your return

With the April 18 tax deadline sitting on the horizon, one expert and CPA shared important…

Tax season: How to avoid scams when filing your taxes and other expert tips

Tax season is officially upon us. As the deadline to file your person income taxes fast…

Sell on eBay or get paid on Venmo? You probably owe the IRS taxes

Whether you sell vinyl records on eBay, teach tennis lessons and get paid via Venmo, or…

Tax Season 2023: Here’s how the Inflation Reduction Act might impact your refund this year

The Internal Revenue Service (IRS) kicked off the 2023 tax season on Jan. 23 with increased…

Gig economy workers lose money during tax season through missed deductions, survey says

Most Generation Z (Gen Z) self-employed people don’t fully understand the nuances of tax laws when…

Tax refund would help many Americans pay for holiday spending: survey

Many Americans said that an advance on their tax refunds could take the sting out of…

IRS ends COVID-19 tax credits: Here’s what you need to know before filing in 2023

An end to COVID-19-era tax breaks will change how taxpayers file deductions this year and will…

Secure 2.0 Act: Americans will be able to make tax-free transfers of 529 plan funds to Roth IRAs

Americans saving in a 529 college savings plan will soon be able to transfer unused 529…

5 things to know about your 2023 taxes