The Republicans in the House and the Senate have both passed tax reform bills. Here's what happens next.
The Senate and the House seek to achieve a sweeping overhaul of the nation’s tax code but go about it in different ways. With the Senate bill passed Saturday and the House bill passed two weeks ago, congressional Republicans now will work quickly on a compromise measure to send to President Donald Trump by Christmas.
While enforcing a transparency rule, the IRS confiscated legally obtained money more than 90 percent of the time.
The IRS announced Tuesday it will start using private collectors to contact taxpayers with long overdue debts.
The IRS is resuming the use of private debt collectors amid a wave of telephone scams in which fake government agents tell innocent taxpayers to pay up or face jail.
Countless seniors will see their health insurance premiums jump if Trump's healthcare plan goes through.
Here's what you need to know about U.S. taxes if you live abroad.
Six days after the tax filing deadline of April 18, Americans will be free – free of working to pay their share of the national tax burden for the year.
Get by with a little help from these services.
Lifetime gifting can affect your individual income taxes, your individual estate and gift taxes, and the capital gains taxes that potentially are to be paid by the recipient of the gift.
Homeowners who live in their homes receive a tax break called a homestead exemption. If you're older than 65, you get a bigger tax break.
It’s a good thing we don’t have to pass a test on the U.S. tax code to get a job — a lot of us would probably be out of work. Financial education company NerdWallet recently put more than 1,000 adults to the test with a 10-question quiz on basic tax information. The average quiz-taker failed abysmally, answering just 5 out of 10 questions correctly. “The U.S. tax code confuses the average American,” says Shiyan Koh, general manager of NerdWallet’s Ask an Advisor, where consumers can ask experts tax-related questions. “And that confusion can be costly. When it comes to taxes, the more you know, the more you can potentially save. More than 40% of quiz-takers did not know that taxpayers can deduct expenses associated with things like fostering a pet or even gender reassignment surgery.
Veterans service officers often help veterans successfully navigate the complicated benefits process. For instance, not all vets in Indiana know about VSOs or have access to them.