Arturo Barcenas Gonzalez was sentenced to three years in federal prison and three years of supervised release for evading ...

This boost in tax revenue occurred because of the Inflation Reduction Act, which President Joe Biden signed into law in 2022.

Asking for a friend (no, really). If a person files for bankruptcy, and it is subsequently dismissed (that is, not deemed an appropriate bankruptcy case by the court), and the person has some large ...

The 2025 tax season is just a couple of months away. If you meet these conditions, you won't have to pay taxes next year.

Consider your filing status. Filing separately if you ... state income taxes even if they can’t get one on their federal income taxes. Whalen says it’s important to find out what your ...

To make filing easier for people living in poverty, we need to make sure community income tax clinics are well-funded. It is ...

Elon Musk asked users on X whether the Internal Revenue Service (IRS) ought to be deleted. The question comes after the ...

Benjamin Franklin coined the famous saying, “In this world, nothing is certain but death and taxes.” But what about when death and taxes coincide, such as when someone dies during the year and ...

The child tax credit is based on income, filing status ... meaning it can reduce your federal income tax bill, but you cannot receive the credit as a tax refund. Learn more at Summer Camp Tax ...

The Police arrested 42-year-old Wendell Bowser of Wilmington, Delaware, for multiple felony fraud-related offenses that occurred in Townsend earlier this month. On November 12, 2024, troopers began ...

A tax preparer who admitted to filing more than $3 million in fraudulent tax returns on behalf of her clients is facing up to ...

For high earners in these countries, the tax rate percentage on income exceeding a certain threshold can reach into the high ...