IRS Publication 523 allows taxpayers to exclude up to 500,000 of gain if ownership and residence tests are met. The article explains eligibility, exceptions, and reporting requirements under U.S. tax ...

Immigrants filing taxes this season are facing fear and uncertainty. Last year, the Trump administration introduced a collaboration between Immigration and Customs Enforcement (ICE) and the Internal ...

A federal judge said that the IRS broke the law by illegally sharing thousands of taxpayers’ addresses with Immigration and Customs Enforcement.

You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.

Returns can be rejected for a range of reasons, and fixing the problem quickly is key to getting your refund.

Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the ...

Child care is expensive — and if you’re paying for care so you can work or look for work, the IRS does offer a meaningful tax break. IRS Form 2441 is how you claim the Child and Dependent Care Credit, ...

Tax season is underway and the Internal Revenue Service is once again reminding the public of a major change in how refunds will be handled this year. President Trump’s “Modernizing Payment To and ...

The IRS tax season is here, and so is the uncertainty around refunds. This comes as Washington is edging closer to a potential government shutdown, one that could disrupt IRS operations just as ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961. If you're 65 or older now, you can claim an additional deduction of up to $6,000 or $125,000 for ...

An incorrect address on your credit report is one at which you've never lived and it can be a signal of identity theft. Here's what to do if you spot one.