Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

The IRS considers marital status and provisional income to determine whether Social Security benefits are taxable. Provisional income includes adjusted gross income, nontaxable interest, and ...

For many savers, the individual retirement account is the most flexible way to build a nest egg alongside, or even instead of ...

Reps. Diane Black (R-Tenn.) and Patrick Meehan (R-Pa.) have asked the Internal Revenue Service to provide an explanation of how it will protect taxpayer data against fraud and abuse as it administers ...

Child care is expensive — and if you’re a working parent or caregiver, you’ve probably felt the sting. But here’s the good news: if you paid for child or dependent care so you could work or look for ...

The IRS Broker Rule applies to digital asset brokers starting January 1, 2025. Brokers will use Form 1099-DA to report the sale or exchange of digital assets, sending a copy to the IRS and the user.

You spend decades of your life stashing away money into retirement accounts. But one day, that switch flips, and you go from withholding contributions to withdrawing your hard-earned funds. That day ...

How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly provide services to carry out digital asset transfers. This definition ...

If you are still waiting for your 2025 IRS tax refund, you are not alone. While many taxpayers have already received their deposits, several factors could be delaying yours. The average 2025 tax ...

Tax brackets 2025: The IRS has adjusted tax brackets for 2025 to account for inflation, impacting how much Americans owe in taxes. These changes determine how income is taxed at different levels, ...