Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.

Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to get cash for their kids.

Get ahead of the tax season crunch by collecting these tax documents throughout the year. Here's what you need to keep an eye out for.

Beginning on Jan. 1, the threshold requiring slot players to instantly file their winnings with the IRS at a casino increases ...

The standard deduction for 2025 was raised to $15,750 for single filers, up from the $15,000 previously in place. For married ...

The IRS knows more about your financial activity than you may realize. These are a few of the ways the IRS tracks your ...

Tax laws previously allowed gamblers to deduct up to 100% of their gambling winnings as losses with itemized deductions. That ...

If parents file and fill out a new tax form, their child can get $1,000 through the new Trump account program.

Required minimum distributions are supposed to be a routine part of retirement, yet every year investors leave money in their ...

A 66-year-old Honolulu woman will spend 18 months in federal prison and pay more than $1.6 million in restitution for her ...

It’s not just multinational corporations looking to shelter cash. Individuals are stashing anywhere from $8.7 trillion to $36 ...

It’s not just multinational corporations looking to shelter cash. Individuals are stashing anywhere from $8.7 trillion to $36 ...