Although it may not be possible for you to enjoy a 0% tax rate, your adult children could be eligible. If they’re in the 10% or 12% income tax bracket, y...
On April 23, 2026, the U.S. Justice Dept. and Drug Enforcement Administration (DEA) ordered state-licensed medical cannabis and FDA-approved marijuana prod...
The Taxpayer Advocate Service is reminding taxpayers to do a paycheck check-up now that April 15 has passed. Did you receive an unexpected tax bill for 202...
There are instances when, after filing your tax return, you’ll need to file an amended return. The IRS has issued a Tax Tip that explains how and when to...
A landmark court ruling, Kwong v. United States, found that the IRS improperly assessed certain penalties and interest during the COVID-19 pandemic. If you...
Senators Ron Wyden (D-OR), Sheldon Whitehouse (D-RI) and Angus King (I-ME) introduced the Ending the Carried Interest Loophole Act to the U.S. Senate on Ap...
The IRS has issued a Whistleblower Alert highlighting a concern about the diversion or fraudulent use of federal funds by tax-exempt organizations, individ...
If you filed your federal income tax return by April 15 and expect a refund, you can track its progress. The established tracking methods are to call the I...
In February, the U.S. Supreme Court ruled that tariffs ordered by President Trump last year under the International Emergency Economic Powers Act were ille...
When you change jobs, what should you do with the money in your employer-sponsored retirement plan? You could roll over the balance to a new employer’s p...
