Prediction markets like Kalshi and Underdog may offer significant tax advantages over sports betting under the IRS 60/40 rule ...

The White House claims there's “no tax on Social Security,” but the One Big Beautiful Bill doesn’t deliver that. It’s just a ...

Millions of Americans file taxes, even though they may not owe anything. Here are the requirements and other good things to ...

With inflation adjustments, expanded credits, and several changes tied to the One Big Beautiful Bill (OBBB), taxpayers may ...

President Trump promised that he would eliminate taxes on Social Security benefits. While the President was not quite able to ...

Taxpayers have several options when it comes to getting their taxes done for free, but not all taxpayers qualify. When it comes to taxes, the rules on income, deductions and credits are complicated ...

The federal income tax brought in about $2.4 trillion in 2024, which is more than 14 times what Trump’s second-term tariffs ...

Cook County launches $500 monthly payments as Trump proposes eliminating income taxes, creating stark contrast between ...

Not everyone is required to file a tax return, but the consequences of not filing when you should are harsh, so it’s best to know what your situation requires. The IRS has specific rules that dictate ...

Tax season is rarely fun, but it's an inevitable part of life. Whether you're an early filer who knocks it out in February or a last-minute scrambler in mid-April, though, there's always some level of ...

After years of paying into the Social Security system, many seniors are surprised to learn that the benefits they receive after retirement may be subject to federal income tax. This is generally ...

What can you tell me about the IRS income tax filing requirements for retirees this tax season? My earned income stopped when I retired last March, so I’m wondering if I need to file a tax return this ...