Several people briefed on the matter said cuts to the IRS cuts numbering in the thousands. One target is tax collections.

The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on the interest you earn now. These moves can help you soften that blow.

A capital loss occurs when you sell a property for less money than you originally purchased it for. In some cases, you might be able to use a capital loss to reduce your income for your tax return ...

Understanding tax rebates can save you money and even put extra cash back into your pocket. By knowing what’s available and how to claim it, you can make the most of this tax-saving tool.

Surely more people will be experiencing this issue due to the increase in savings rates in recent years, and fiscal drag moving people into higher tax bands. Ed Magnus of This is Money replies ...

Yes, video game marketplaces can be taxed, sometimes. Whether you're making money on Eve Online or Roblox, Minecraft or ...

ATLANTA and PROVO, Utah, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Clip Money, Inc. (“Clip” or “Company”) (TSXV:CLIP) (OTCQB:CLPMF), a company that operates a multi ...

Wouldn’t it be great to pay less in taxes and keep more of your hard-earned money? That’s exactly what tax exemptions help you do. These are special provisions that reduce the portion of your ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

YORK, Pa. — It's tax season again and with months until the deadline, some might think it’s best to file closer to April 15. However, experts recommend that people should not wait until the ...

If you usually fill in a tax return, you must also report any capital gains, regardless of whether you've already used HMRC's online service. You also need to include how you worked out each capital ...

You can claim tax credits and overpayments that could result in money being returned to you. Of the 176.2 million individuals and married couples who could file a return in 2020, about 144.5 ...