Uncle Sam would shave tens of millions of dollars off the windfall before it even reaches the winner. » Read More
By: Darla Mercado
If you're asking Uncle Sam for more time to turn in your Form 1040, you're not alone. Here's who's likely to request an extension. » Read More
By: Ashley Turner
Long-shot Democratic candidate Andrew Yang has proposed a $1,000 monthly stipend to Americans 18 and older, but he's looking to tackle other issues. » Read More
By: Jeff Daniels
California could reap a bonanza of "$1 billion or more" in new taxes from the upcoming stock offering of ride-hailing service Lyft, according to former California State Treasurer John Chiang. » Read More
If you are looking for a way to pay less to the IRS, think outside the box when it comes to deductions.
Dutch historian Rutger Bregman told CNBC on Tuesday that higher tax rates in the U.S. are "necessary to tame this beast we call capitalism."
The Council of Economic Advisors says Trump's tax cuts led to millions receiving bonuses and cautions that progressive policies could harm economic growth.
Prickly family dynamics are getting in the way of your inheritance. Close to 80 percent of financial advisors polled by Key Private Bank said the biggest estate planning challenge is navigating your relationships with your relatives.
Yang, who announced his candidacy in late 2017, is proposing a 10 percent VAT targeting companies like Amazon and Google. But he said he doesn't believe corporations would abandon the U.S. if they are hit with the tax.
Tax breaks enacted to help small businesses aren't permanent, and that's made it difficult for business owners to make long-term decisions.
If you're in the middle of a break-up and you don't trust your spouse, it might make sense to consider filing separate income tax returns with the IRS. Just make sure you aren't losing a slate of credits in the process.
Right off the bat, the IRS would shave tens of millions of dollars off the windfall, and more would be due at tax time.
"I worry as an American about the direction of one of our two major parties going toward socialist," says former congressman Eric Cantor.
If you're having trouble filing your tax return by the deadline, get a six-month extension. IRS Form 4868 takes about five minutes to complete.
The clock is ticking on tax refunds from 2015. More than 1 million taxpayers are owed money from the IRS and still haven't collected. Here's what you should know.
Billionaire Ron Baron says capitalism works for people if "they are educated and are able to take advantage of the system."
While the IRS has had recent success combating tax return fraud, the responsibility to protect personal information begins with taxpayers. How not to become a victim.
If you're on Medicare, you can't put money away in a health savings account — the triple-tax advantaged account for medical costs. Trump's 2020 budget is trying to change that. What you should know.
Few people would expect to face a tax bite on a scholarship, yet there are situations in which that might be the case. Here's what you should know.
If you file for a tax return extension, be warned: You still have to get your IRA contributions for 2018 in by April 15.