Taxes

A federal lawsuit filed Friday against Trump confidante Roger Stone alleges that he lived "a lavish lifestyle despite owing nearly $2 million in unpaid taxes, interest and penalties."

Some 5.7 million Californians are eligible for $600 payments, including people receiving California Earned Income Tax Credit, along with those who currently qualify under multiple existing federal assistance programs. Here's how to track yours.

Learn about 401(k)s and their associated risks and fees here. Also, see a visual representation of 401(k) asset growth over the next 25 years.

While 54 percent of all Americans believe that high income earners should pay more than they currently do in income taxes, only 33 percent of those who voted for former President Donald Trump in 2020 agree, according to a new poll.

Apart from peace of mind, filing your taxes early can mean early refunds, a disbursement of a held-back stimulus check money, and more time to arrange money if you owe taxes.

Social Security recipients and other federal beneficiaries can expect their stimulus payments on April 7, the IRS said.

Whether you qualify for a follow-up payment depends largely on life changes reflected in your 2020 tax return.

The federal minimum wage has not been raised in more than a decade, but Democrats are pushing to increase it to $15 an hour.

Taxpayers have an extra month to file their tax returns this year after the IRS extended the deadline until May 17.

A new Treasury Department report reveals how few millionaires get audited, with billions of dollars uncollected. Progressive Democrats are demanding a crackdown.

Advanced payments for the Child Tax Credit will start being sent out in July.

"This provision that's tucked in, I think it tells us that if you care about student debt cancellation, it is go time for you. You need to mobilize, and now is the time to organize to create the political pressure," the New York Democrat said Thursday.

The IRS could potentially use stimulus funds claimed through Recovery Rebate Credit to cover any tax debt owed.

This guide is meant to help solo entrepreneurs, freelancers, and independent contractors apply for tax deductions and learn how to e-file for 2020 tax returns.

If the American Rescue Plan is passed by the House, some Americans could see increased payments as part of the Child Tax Credit and Earned Income Tax Credit

From taking full advantage of pandemic-related tax breaks to grabbing write-offs you may be newly eligible for, these strategies will help you get the most back from Uncle Sam when you file your taxes this year.

Janet Bewley, minority leader in the Wisconsin Senate, said she was being sarcastic but did not retract the comment.

By increasing payments under the Child Tax Credit, American parents could receive a financial boost beyond their stimulus checks.

Senator Warren unveiled a new proposal on Monday that would tax wealthy Americans with a net worth upward of $50 million.

Congressional Democrats are quickly looking for an alternative to support fair wages for workers now that a $15 increase won't be included in President Joe Biden's coronavirus stimulus package.

We must have greater transparency around public spending, stronger international cooperation to prosecute bribery and global governance of tax abuse and money laundering.

Were you working in a state different than where your company is? You can be taxed by multiple states. Learn about the state of domicile, state of residence, how to check if you qualify for tax relief and the list of states that won't charge you if you worked there temporarily.

You can check the status of your payment on the IRS website. If you haven't received the money, you may be able to claim Recovery Rebate Credit through your tax return.

Learn about the new schedule for filing your 2020 tax returns, benefits of early filing, and how to file both federal and state taxes for free.

The real reason for conservatives to support a universal child allowance is to recognize parenting as a social good, not just a lifestyle choice.

If you received unemployment benefits last year, here's what you need to know when you file your 2020 return.

Dozens of taxpayers in Colorado have received false delinquency notices from the IRS due to the agency's slow processing.

A wealth tax serves both the rich and the poor: by incentivizing the wealthy to purchase goods, services and make investments, instead of hoarding cash in bank accounts.

The threshold for federal estate taxes could be lowered to $3.5 million to help fund a proposal to create a "baby bonds" program that would establish savings accounts for every American newborn.

Cryptocurrency investors may face a legal thicket at tax time. Investors must report capital gains on their IRS tax returns, and U.S. investors may be required to complete the Treasury Department's Foreign Bank and Financial Accounts statement if the cryptocurrency is held in a foreign exchange.