Wealthy individuals often pay less in inheritance taxes than we expect. Learn how tax exemptions, trusts, and legal ...

With the new administration in office, discussions around potentially eliminating the step-up in basis are gaining momentum.

Social Security Fariness Act payments are coming soon to millions of Americans. But that boost could also raise their taxes. What to know.

If you own a lot of stock, does that mean you’ll owe a lot of taxes? The answer is a bit complicated, but it comes down to this: only when you sell. You pay taxes on the profit from selling stock.

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Justin ...

My tax situation has always been just complicated enough that I never seemed to qualify for free tax filing: Freelance income, home sales, itemizing my return to claim the mortgage interest ...

Mass IRS layoffs in the middle of tax season means fewer audits of wealthy people's complex returns, which some say essentially gives rich people an unintended tax break. Like they need one.

The April 15 tax-filing deadline is three weeks away ... It had processed 69.6 million returns, meaning the computers are chugging along.

The first column is the tax rate, meaning the percentage of the income that is considered taxable (this doesn’t include deductions, of course). The second column is the range of income for that ...

Taxes, for example, are still a part of life, even in retirement, and if you aren't compliant with federal tax law, the Internal Revenue Service (IRS) can take a portion of your Social Security to ...

Tax season is in full swing, but you can make the process less painful and time-consuming by filing online. The best tax-prep offerings have free and paid tiers, robust live and AI-powered support ...

Donald J. Trump is now the 47th president of the United States, and with his inauguration comes an expected new wave of tax policy changes. Trump and the Republican-controlled Congress have ...