WASHINGTON (AP) — The IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next...
Tag: Taxes
The IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S. Treasury's coffers. Bu...
When you file your income tax returns each year, the mortgage interest deduction (MID) can be one of the most valuable benefits of owning a home....
I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as ...
Realizing you can’t pay your taxes can be especially stressful, but it’s a problem many Americans face. About 18.6 million individual taxpayers ...
WASHINGTON (AP) — The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, acco...
Venmo is a convenient platform for sending, receiving, and requesting money. But if you use Venmo for certain types of transactions, you could b...
A sweeping new analysis of taxes across the country reveals that in four out of every five states, the top 1% are paying a lower tax rate than th...
Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they suddenly find themselves ...
A mega backdoor Roth is a unique 401(k) rollover strategy that’s designed for people whose incomes would ordinarily keep them from saving in a Ro...