Financial educator and author Jonathan Mark Mercado announces the release of “The LIFT Method: Knowledge Is Power”, a comprehensive guide ...

We're still bullish on stocks for 2026, but now is the time for investors to pull in their horns and dial down risk.

IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Even though the tax agency's free pilot program is no longer available, there are other free tax filing options this season.

New 2026 gambling tax limits loss deductions to 90%, raising taxes for bettors. Learn how Congress is responding and what ...

Form 2441 is used for claiming child and dependent care expenses Investopedia / Zoe Hansen IRS Form 2441 calculates the amount of the Child and Dependent Care tax credit an eligible family can claim ...

Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

If you’re self-employed, you’ll want to be sure the tax software you choose can handle the complexities of multiple 1099s, quarterly taxes and key business deductions. We tested and scored major ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...