Taxes

New rules requiring Venmo, PayPal and cash app to send 1099-Ks for transactions over $600 kick in next year, but Americans still must report side-hustles to the IRS.

An ad analytics firm has tracked the popularity of ads and previews ahead of the big game, revealing which ads are trending to be the most memorable this year.

The IRS has determined whether state-issued rebate payments will count as taxable income for the 2022 tax season after telling taxpayers to delay filing.

Taxpayers living in at least 22 states could face higher taxes as a result of stubbornly high inflation, a phenomenon that is known as "bracket creep."

With signs that the IRS is looking to crack down on servers and small businesses, one waitress alongside lawmakers on Capitol Hill spotlight how critical tips are.

A billionaire tax and higher levies on corporate stock buybacks were reintroduced by President Joe Biden in his State of the Union address on Tuesday night.

Arkansas Gov. Sarah Huckabee Sanders gave the Republican response to the President's State of the Union Address.

The Internal Revenue Service says it would clear up confusion this week about whether certain state refunds count as taxable income.

The IRS is asking for public feedback on a proposed tip reporting program for employers in the service industry.

Deficit reduction options offered by the CBO and CRFB could extend the solvency of key trust funds for Social Security, Medicare and highways that are on a path to exhaustion.

A billionaire tax and higher levies on corporate stock buybacks will be highlighted by President Biden in his State of the Union address on Tuesday night.

More Americans migrated to lower-tax, predominantly Republican-led states in 2022, with Texas and Florida seeing the biggest population growth last year.

The IRS received nearly $80 billion in funding under the Inflation Reduction Act and said it has already hired more than 5,000 new telephone assistors and added more in-person staff to help taxpayers with filing this year.