If you're a high-income earner, you may be subject to the Additional Medicare Tax, a 0.9% tax on earnings that exceed ...

As the 2025 tax season approaches, many high-income earners may find themselves subject to the Additional Medicare Tax, a ...

You’ve found out you owe the IRS and now what do you do? First don’t panic and try to find out what the problem was and correct it to avoid an IRS penalty and begin to eliminate that tax debt. If you ...

As tariff fears hit the S&P 500, should Stephen Wright be looking across the Atlantic for the best shares to buy for a ...

Claims and filings that are determined to be frivolous can result in penalties of $5,000 for each copy that claims an ...

The Trump administration — and Elon Musk’s DOGE — seems quite seriously to believe that increased and improved technology and automation can lead to a significantly slimmer workforce at the IRS.

As the tax deadline nears, you may be wondering how much you owe the IRS and how to pay that bill. Alternatively, you might be expecting a refund, and looking forward to putting that money to use.

We cover everything to do with taxes on gambling winnings in the US, including claiming losses & what happens if you don’t report earnings.

Withholding tax is deducted from employee ... and you’re potentially looking at a big tax bill. Most of us notice several deductions on our paychecks. If you’re a full-time employee (as ...

The Internal Revenue Service's annual "Dirty Dozen" campaign aims to protect taxpayers from falling victim to common tax ...

Fact checked by Vikki Velasquez Tax season doesn’t have to be a source of stress—it can be an opportunity. A bigger tax ...

President Trump and Elon Musk aim to slash the IRS budget and workforce. VITA (Volunteer Income Tax Assistance) is a cost ...