Giving gifts can be a taxable event.
When the IRS seizes assets, it offers the property for auction. This property could consist of automobiles, art, jewelry, collectibles, real estate, business assets, and even notes and patents. But...
This year especially, when budget cuts have resulted in poor customer service, resolving issues with the IRS can be stressful and take much longer than anticipated.
Some tax documents can go in the shredder after three or four years. Others you might want to hold onto forever.
Last week Internal Revenue Service commissioner John Koskinen reported to a congressional subcommittee about certain upcoming changes within the Internal Revenue Service. Much of the...
Many Americans have been under the misconception that income earned on foreign soil is not taxable here at home, especially if taxes are paid in the foreign country. And that's simply not true.
As the fall semester kicks off at colleges across the country, students and parents should be doing their homework on what educational expenses can be deducted.
Tax law changes often and quickly and can affect many unsuspecting taxpayers, luckily, the IRS is all over social media.
If you find yourself weighing filing for bankruptcy, you should know how the tax code applies to the situation.
There is a silver lining to student loan repayments: The interest paid can be written off.