Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might ...

American seniors are heavily reliant on Social Security to make ends meet. Six in 10 retirees said their benefits are a major ...

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

Poor customer service and outdated technology systems at the IRS contribute to a lack of transparency and threaten to turn ...

If your return has been selected for audit, it is essential that you understand your rights prior to any in-person review or meeting with the IRS agent.

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

The second-quarter estimated tax deadline for 2025 is June 16, and making a payment could help you avoid “falling behind” on ...

The IRS allows you to claim deductions that reduce the amount of tax you owe. ... You can only deduct unreimbursed medical expenses that exceed 7.5% of your adjusted gross income (AGI).

Betterment's financial planning director discusses AI's role in retirement planning and why investors should 'think like an ...