Millions of Americans who rely on health plans under the Affordable Care Act could see their premiums increase if Congress doesn’t expand key tax credits. Some could lose their insurance altogether.
The IRS would use money from the Inflation Reduction Act to keep the agency’s over 74,000 employees working for the first ...
The Treasury Department posted a contingency plan Monday for the Internal Revenue Service in the event of a government ...
No one is out to get you, even if you feel that way. Under President Joe Biden, the IRS targeted wealthy households and brought in more than $1.3 billion in overdue taxes over the course of about a ...
The change will take effect on Sept. 30, which is the same day that the Social Security Administration begins phasing out ...
Italy's tax take is rising faster than expected thanks to job growth and inflation, putting the budget deficit on track to dip below the European Union ceiling of 3% of gross domestic product in 2025, ...
The IRS 'No Tax on Tips' rule under the One Big Beautiful Bill Act provides a tax deduction for qualified tips, helping eligible workers increase their income.
Americans are taxed on their worldwide income no matter where in the world they’re living. If you are American and you invest in a cash-flowing property overseas — even if you move to the location to ...
In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the new tax deduction for ...
A Richmond County man who operated a “ghost” tax preparation business in Augusta was sentenced Thursday to federal prison and ordered to pay restitution for defrauding the IRS.
Legal and tax considerations are vital components of managing a side hustle, as they ensure compliance with applicable laws and regulations and can significantly impact the profitability and ...
The Internal Revenue Service and Treasury Department's phase out of paper refund checks for individual taxpayers is the first ...