In her 2024 Annual Report to Congress, Collins highlights the second most serious problem as delays in tax return processing, ...

Tax breaks were a big issue on the campaign trail, and Congress will be focusing on ways to cut taxes and prevent tax ...

In a Sunday post on Truth Social, Trump said, "Members of Congress are getting to work on one powerful Bill," that will ...

Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.

The IRS in October announced the federal income tax brackets for 2025, which raised each income threshold by roughly 2.8%.

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you fills out the 1099. In most cases, you should receive any 1099 form by the end ...

Money Out: When thinking of money out, people often jump to the allocation of residual profits (e.g., “It is 70-30”), but ...

Whether you run a business or are self-employed, "effective tax planning can significantly reduce your tax obligations", said ...

Tax-deferred accounts and tax-exempt accounts have some similarities, but they are used for different purposes. Here's how to ...

With capital gains tax increasing since the Autumn Budget, investors are turning to tax wrappers like SIPPs and ISAs to ...