The IRS has published its Internal Revenue Bulletin, which provides transitional guidance on filing returns related to specific interest received from loans for passenger vehicles used in trade or ...

Learn how interest from savings accounts, including HYSAs and CDs, is taxed. Understand reporting requirements and strategies ...

Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the meaning of modified adjusted gross income, or MAGI.

Moreover, QCD are particularly powerful becasue the donated amounts are completely ignored in the calculation of gross income ...

The state of New York has launched a historic initiative to ease the economic burden on its residents, who have endured the ...

Tax1099, a leading IRS-authorized e-filing platform, reminds businesses to prepare and file Form 941 before the due date to ensure compliance and avoid costly IRS penalties. FAYETTEVILLE, AR AND ...

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

Journal Editorial Report: Obamacare subsidies take center stage in funding fight. The Supreme Court will hear arguments next month about the legality of President Trump’s use of the International ...

Although the U.S. government remains closed, taxpayers who requested a filing extension from the IRS earlier this year remain on the hook to submit their income tax returns by Oct. 15. "Taxpayers ...

Cardi B celebrates her 33rd birthday in a gorgeous body-hugging cut-out dress. The “WAP” hitmaker modelled a wine-colored long dress with stylish patterns and designs. The rapper proudly showed off ...

If you earn money through a side hustle, run a small business, or get paid through apps like Venmo, PayPal, or Cash App, or sites like eBay, you’ve probably come across a lot of mixed messages about ...