According to Senior Living, about 51 percent of retirees (aged 50 or older) downsize to cut costs, pursue a simpler lifestyle ...

Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have ...

6ix9ine says that he didn’t know how to manage his money and now owes the U.S. government $8 million in unpaid taxes. During a livestream with Deshhae Frost on Thursday (Oct. 23), the rainbow-haired ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

I do not do my own taxes. That will shock a lot of my readers and clients who know that I own a business that offers tax planning and tax preparation. Also, I am an IRS enrolled agent, licensed to ...

Giving or receiving financial gifts can be a generous act, but it often comes with tax responsibilities that many overlook. The rules around tax filings after financial gifts are more complicated than ...

Giving or receiving financial gifts can be a generous act, but it often comes with tax responsibilities that many overlook. The rules around tax filings after financial gifts are more complicated than ...

The President Tinubu-led administration has introduced a new personal income tax calculator to help workers and business owners easily determine how much tax they should pay. In this explainer, we ...

I always thought Texas sales tax was straightforward and predictable, hovering around 8% or less, depending on where you are. Groceries usually dodge the tax man (or woman). And once a year before ...

These days, it takes powerful motivations to convince older homeowners to sell their property—and more than half say they’ll never do it. For those who do sell, the reasons include accessing their ...