Winning the NFL championship means more bling. It also means the value of the showy Super Bowl ring is taxable.
Some tax breaks that were made permanent parts of the tax code also are affected by inflation. The IRS has announced those effects for the 2016 tax year.
Use tax software? Then you could be a target of phishing scams seeking to steal your identity this filing season.
Sorry, Ben Franklin, but there’s a new adage about taxes: The only constants in life are taxes and tax scams.
Debt consolidation, home improvements and major purchases are the top reasons people choose personal loans. Others include financing a vacation, paying your taxes or paying for medical expenses.
While American corporations continue to use tax techniques to take advantage of lower overseas taxes, the U.S. is a tax haven for some wealthy foreigners.
After a disaster, be sure you get all the help for which you’re eligible, including relief from the IRS.
Only 4 states regulate paid tax preparers. A recent consumer survey found most taxpayers think that all tax pros should be licensed.
The Internal Revenue Service has scrapped a proposed reporting rule for charities that critics had argued would have exposed donors to an increased risk of identity theft. Last fall, the IRS proposed a new regulation that would have allowed, but not required, charities to file a new form with the IRS called a “donee report.”
Despite tighter security measures, the IRS is hopeful this filing season will be better for it and taxpayers than last year.