Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

On May 22, the House of Representatives passed proposed tax legislation titled, “The One, Big, Beautiful Bill” (TOBBB), which will now be debated ...

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income ...

New final regulations pose significant implications for possible income inclusions by U.S. corporations with foreign ...

A new report is just the latest reminder that people do not like to pay taxes, especially when they do not see the benefits.

An unauthorized loan was not includible in the taxpayer's income; however, expenses incurred in connection with her ...

Life is expensive, and managing money can be complicated. If you're feeling burned by the high cost of living and need help, consider seeking financial assistance from the government.

The terms of service for GoFundMe say, “We do not withhold funds for tax purposes or otherwise. You, as an Organizer or ...

I applied for early retirement. Can I stop my Social Security benefits if I take early retirement? And can I work part-time ...

Knowing your gross income helps in planning and budgeting. Always aim to grow it through smart financial choices.

A new budget deal would allocate new funding for child care, special education and Medicaid, while setting aside additional ...

Filing an income tax return can feel intimidating, especially for those who are new to the process or worried about missing ...