Taxes

A new study ranking major U.S. cities on their residents' purchasing power found a $300,000 salary in NYC, Honolulu and San Francisco only feels like $100,000 due to high taxes and costs.

Sotheby's International Realty's Jenna Stauffer argues people are moving to Florida for better "quality of life," and is a post-pandemic trend that's likely to continue long-term.

The end of the tax-filing season is just around the corner, and the IRS is urging taxpayers to make sure they submit their returns ahead of the deadline.

States with budget surpluses like Florida, Idaho, Colorado, Virginia and others have proposed property, income or sales tax cuts to provide economic relief to families.

The IRS says nearly 1.5 million Americans still have unclaimed refunds for the 2019 tax year following the COVID-19 pandemic. The deadline to claim the money is coming up.

Americans challenged by inflation and rising costs plan to save less than $5,000 in 2023 and many are relying on tax refunds to make ends meet, a recent TaxAct survey said.

Ernst & Young has axed its plan for a split of its auditing and consulting arms in a dramatic and costly retreat from a proposal that was meant to reshape the accounting profession.

Former Trump adviser Stephen Moore and Americans for Tax Reform's Grover Norquist argue Biden's IRS is being "weaponized and politicized" to go after Republican policy.

The 0% tax on long-term capital gains can amount to serious savings for taxpayers, but it's a complicated and often overlooked aspect of the U.S. tax code.

Fisher Investments Chairman Ken Fisher has received backlash for his decision to move the firm's headquarters from Washington to Texas, but says "this is about the law."