Directing the money to charity is not foolproof. Having the settlement agreement direct the money to a friend or relative ...

"Boring" is a word that frequently comes to mind when people think about doing their taxes. But if you're a retiree living ...

Eston 'Dusty' Melton III evaded IRS efforts to collect $1.2 million in taxes from 2005 through 2014 while he lobbied for ...

Even so, many people who claim the earned income tax credit or the additional child tax credit need to anticipate delays. The ...

Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...

Many more pensioners can expect to pay tax over the next few years, due to frozen thresholds, an expert has said.

The No. 1 rule of bookkeeping without using accounting software is to have separate accounts for your business and personal ...

The average refund amount in 2024 was $3,138, according to the IRS. But is paying down debt the best way to spend that money?

The average tax refund amount was just over $3,100 last year. For many Americans, that money can bring wonders: it could pay ...

If you were among federal student loan borrowers who received forgiveness in 2024, you may be on the hook to pay state income ...