If you own a second home, you may be able to deduct mortgage interest and property taxes like you do for your first home. Here's what you need to know.
The IRS offers tax advantages for employees enrolled in their employer's 401(k) plan, but early withdrawals can lead to ...
Amid the transition, agency officials leading customer experience efforts across the federal government are pitching their work to the incoming administration.
As the 2025 tax season approaches, the IRS offers a valuable opportunity for eligible taxpayers to receive free assistance.
An IRS John Doe Summons is highly effective to combat tax evasion. Trident Trust may now have to reveal U.S. taxpayers who ...
Ethena, a synthetic stablecoin protocol, is expanding to become a neobank by integrating its USDe stablecoin with innovative financial ...
The new requirement, which is being implemented after a two-year delay, applies to such P2P apps as PayPal, Venmo, and Block ...
On December 17, 2024, the House Ways and Means Committee and the Senate Finance Committee presented two bills – the Paperwork Burden Reduction Act ...
Flexible Spending Accounts (FSAs) offer a tax-advantaged way to cover medical expenses. Learn how to make the most of your FSA dollars in 2025 and avoid losing unused funds.
Elon Musk joked about IRS crypto taxation, raising questions about digital asset tax policies and gaining attention from the ...
The marginal rates for tax year 2025 are as follows: In 2026, for the tax year 2025, the standard deduction will get a $400 ...
About 1 million people in the United States are due to receive the payment, the IRS said. Do you qualify? Checks could be up ...