Calculating the home office deduction using the standard method involves completing IRS Form 8829 to calculate the amount of ...

By setting up automated transfers into a high-yield savings account, I watched compound interest do its magic.

Roger Ver grew up in Silicon Valley, founding a computer company called MemoryDealers at the precocious age of 19. He also ...

Citigroup is being probed by U.S. government agencies over its ties to sanctioned Russian billionaire Suleiman Abusaidovich ...

Time may be running out for Americans to capitalize on tax incentives created by the Biden administration's Inflation ...

President-elect Donald Trump repeatedly promised to investigate, prosecute, imprison or otherwise punish his perceived ...

Phil Anderson found out his social security number was switched with his late daughter’s, and the government had labeled him ...

Non-US financial accounts are reported on FBAR. Penalties can be severe but it is often more difficult for IRS to enforce ...

Sandra D. Mondaine, who worked as an IRS contact representative before retiring, entered her plea to aiding and abetting the ...

If taxation is necessary to fund the government's prescribed roles, it could at least be done in a way that preserves the ...

Thousands of IRS employees collectively owe approximately $46 million in overdue taxes, according to the Treasury Inspector ...

Preparing for tax season 2026? Discover the newly increased standard deductions and expanded tax brackets that will affect ...