Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to ...

Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.

Get ahead of the tax season crunch by collecting these tax documents throughout the year. Here's what you need to keep an eye out for.

Tax laws previously allowed gamblers to deduct up to 100% of their gambling winnings as losses with itemized deductions. That ...

The standard deduction for 2025 was raised to $15,750 for single filers, up from the $15,000 previously in place. For married ...

Beginning on Jan. 1, the threshold requiring slot players to instantly file their winnings with the IRS at a casino increases ...

There have been significant changes in the way in which the IRS is now dealing with R&D tax credits and viewing how they're documented.

If parents file and fill out a new tax form, their child can get $1,000 through the new Trump account program.

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

If you work as an employee, you’ll encounter two forms in the course of your employment: Forms W-2 and W-4. Your W-2 will report your earnings, benefits paid, and taxes withheld each year while the ...

A 66-year-old Honolulu woman will spend 18 months in federal prison and pay more than $1.6 million in restitution for her ...