As the 2025 tax season approaches, taxpayers should brace for new developments and potential challenges. While timely refunds are anticipated, understanding changes like the new IRS 'Direct File' ...

Not everyone is required to file taxes, but most Americans must and probably will submit a return. Some will even do so today ...

The IRS Fresh Start program isn't a magic solution that erases all tax problems, however. While it has helped many taxpayers ...

Key Points A Reddit user is wondering if he should sell his stocks to pay off his car. Since he has an affordable car loan, ...

Many CPAs we talked to emphasized the importance of consistent contributions to your retirement fund. “Funding one’s retirement is investing in ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

Social Security can generate real income. The more you earned during your working life, up to each year's income caps, the ...

Social Security benefits are an important source of retirement income, and no one wants to lose this money to taxes. Unfortunately, some retirees do find themselves owing some of their retirement ...

No matter who you are or how much experience you have, tax season can feel daunting. There’s a lot to remember and a lot of ...

The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax ...

Nobody likes learning about unexpected tax liabilities at the last minute, but paying with cash isn’t your only option.

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...