The majority of Americans, 91% of filers, according to the IRS, take the standard deduction instead of itemizing (4). While ...

The FBI raided a Secret Service agent's home earlier this month as part of an alleged tax and wire fraud investigation.

While former Illinois House Speaker Michael Madigan spends the final days of 2025 behind bars, the next filings in Madigan’s ...

Not all of the credit is refundable, but a significant portion still is. The IRS says the refundable share of the Child Tax ...

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to ...

Americans receving year-end bonuses or gifts may be suprised at how small it is. Here's why it may have shrunk.

In late 2025, President Donald Trump discussed a $2,000 stimulus check. Here's whether the stimulus check was approved and ...

Prepare for the 2026 tax season. Find key deadlines, including the expected April 15 filing date, and learn why the IRS is ...

There's an IRS formula, which you apply to the balance of the IRA or 401 (k) that you've been saving in for your whole working life, and you make your tax payment on the RMD withdrawal by Dec. 31. If ...

Small financial moves can trigger big IRS bills. A financial planner shares the five tax mistakes he sees clients make—and ...

A little-known IRS rule lets retirees donate to charity directly from an IRA while lowering taxable income. Here's how ...