The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a high-yield savings account in 2024, you need to report it when you file your ...

If the tax status of muni bonds changes, the impact on regular investors and state and local governments could be significant ...

Eligibility for federal student financial aid is primarily based on income as reported for tax purposes. However, tax-exempt ...

New proposals in the Spring Statement suggest the Government may give HMRC more power to collect data on how much people owe ...

Eight U.S. states don't impose any kind of income tax and one only taxes income generated from interest and dividends. In 32 states and Washington, D.C., residents are charged a progressive income ...

Dividend-paying equities offer upside potential from capital appreciation and dividend growth, whereas bonds typically pay ...