The Social Security Administration will begin withholding 100% of benefits from people who were overpaid until those ...

Retirees face a very different tax landscape — one that can be both confusing and costly. The U.S. tax system operates on a ...

Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...

Each tax season consists of variables that might work for or against you in terms of getting a refund. However, whether you ...

Perhaps the easiest way to request an extension is to submit Form 4868 (“Application for Automatic Extension of Time to File U.S. Individual Income Tax Return”) online through an accountant or tax ...

The due date for filing your taxes is looming, and as people begin to file, the scammers may follow. The Internal Revenue Service wants to ensure taxpayers know what to watch out for when completing ...

The OASDI tax is deducted from an employee’s paycheck, and it’s factored into self-employment taxes. Find out how much you'll ...

The American sports betting industry posted a record $13.71 billion in revenue in 2024, which continues a steady increase ...

The IRS is set to impose penalties on taxpayers who have failed to adhere to a crucial rule in their recent tax filings. This ...

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks ...

You may be surprised to discover that unemployment benefits are taxable. These payouts are subject to federal income taxes and, depending on where you live, state income taxes. But don't ...

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 ...