You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

Households are carrying record levels of debt. Balances climbed to $18.04 trillion in the fourth quarter of 2024, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data.

A new report found high-earning, older millennials would benefit from Trump's Social Security tax proposal—but not all groups ...

McLean County school districts are urging residents to join other Illinois counties in supporting a sales tax increase ...

If you received a windfall from a loved one, you may wonder whether you need to pay an inheritance tax on your distribution. ...

Roth IRAs are not subject to rules on required minimum distributions (RMDs), and qualifying withdrawals from Roth accounts in ...

Investors typically expect rising long-term rates to put pressure on stocks, especially when inflation spikes, but the S&P 500 SPX was up slightly for one week through Thursday, up 4.1% for 2025 and ...

The deadline for federal workers to accept OPM's buyout offer was on Feb. 6, but terms of resignation are different for IRS workers during tax season.

The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One positive outcome of the inflation we've experienced over t ...

For the past several years, Republican state lawmakers have pushed to rein in rising property tax bills. That push culminated ...

The three-year rule could play a role in your ability to claim tax money that you're owed by the IRS. Pamela Albin Moore/ .

Value-added taxes are common in Europe; President Trump calls them unfair.