The federal government has allocated tax credits for eligible energy-saving home projects, like green technologies. It's ...

The IRS can garnish wages, but the revenue service can also garnish Social Security. Keep in mind it has 10 years to collect ...

Plus: 2026 retirement numbers, tax planning, $2,000 government checks, more shutdown news, interest on U.S. savings bonds, ...

Rumors of new IRS stimulus payments in November are circulating online, but the IRS has confirmed no such plans exist for 2025. These claims are false, with the last federal payments issued in 2021.

I may not be the first to tell you, but don’t forget about an additional benefit of the 870-page One Big Beautiful Bill Act passed in July. As ...

The key difference between a grantor trust and a non-grantor trust is how taxes are handled. In a grantor trust, the person ...

When your financial life involves more than one country, taxes can get complex. This is true for expats, dual citizens, ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the 20% tax deduction for qualified business income or QBI ...

Maryland state government awarded $6 million in taxpayer funds to a nonprofit whose president owes more than $200,000 in ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...

If you've received an audit from the Central Collections Agency and thought no big deal, think again, because now you may ...