Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.
Discover how a Limited Purpose FSA helps you save for dental and vision costs with pre-tax dollars. Learn its benefits, eligibility, and how it complements an HSA.
You can't always avoid taxes, but on these income sources, you won't pay as much as you expect. These are solid ways to add some income to your retirement.
Learn how to resolve IRS tax liens, avoid asset seizure, and understand your options—payment plans, negotiation, and more—for tax debt relief.
On March 25, 2025, Executive Order 14247 was issued, requiring that all federal payments, including tax payments to the IRS, ...
What is a Federal Income Tax Debt? A tax debt is when a person owes income tax to the federal government. Every year, people file tax returns to report their income and the federal taxes on that ...
The advertised $1.10 billion Powerball jackpot is the kind of number that makes people mentally quit their jobs on the spot, ...
Even if you’re not required to file a federal tax return, filing could unlock refundable credits worth up to $8,046, ...
The Internal Revenue Service is quietly reshaping how much of your paycheck actually reaches Washington, with changes that ...
Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.
The Internal Revenue Service encourages taxpayers to take steps now to prepare for the upcoming filing season by visiting IRS.gov/GetReady for tips on what is new and what ...
Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...