Every year brings some changes to the tax code, but 2020 has brought more than most as the COVID-19 pandemic upended life in ways we could never have anticipated.
The federal government piled up a record deficit in April, traditionally a month of big budget surpluses.
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A recent federal relief package makes it easier for people financially harmed by the coronavirus outbreak to tap into their retirement savings. But should they use them?
The White House's extension only applies to federal payments and returns.
The cash is expected to arrive within three weeks.
Many lenders are allowing borrowers to skip payments without being charged late fees or being considered delinquent.
WalletHub calculated which states have the highest and lowest tax rates overall.
By extending the deadline, the federal government is allowing individuals and businesses to hold onto their cash longer as they deal with the fallout from the virus outbreak
The agency has been tasked with sending out relief checks to American households in the middle of tax season.
Here are five ways you can receive exemptions under the gift tax law.
Here is what a gift tax is and how much money you can give away without reporting to the IRS.
This year's tax season, the second filing under the Tax Cuts and Jobs Act, has industry experts much more at ease — but some taxpayers may still face surprises if they did not take action to modify their withholding since last year.
Loss of employees may create a risk of knowledge and experience gaps.
Last year's filing season was an adjustment for taxpayers and industry professionals alike as it was the first under a massive overhaul of federal tax law. While this year's season is expected to be more sedate, there are a few tweaks to be aware of.
More Americans have said they think it is okay to cheat a bit on their taxes.
Experts give their top suggestions to help you stay on top of your finances.
Increased exemption amounts are scheduled to expire in 2025.
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Taxation of Halloween candy can add some tricks to the treats. Here's why it matters.