News

Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.
Being a US citizen living in the UK has its advantages—afternoon tea, improved work-life balance, and potentially even access ...
The interest earned on fixed-income investments is often subject to federal income tax. Bondholders receive IRS Form 1099-INT (or Form 1099-OID) from entities that paid them interest on the bonds ...
The federal government offers two ... Disclosures: TurboTax Free Edition is for Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student ...
The Internal Revenue Service (IRS) has issued a reminder to taxpayers that the deadline for second quarter estimated tax ...
Form 16 is the TDS certificate issued by the employer to employee at the end of the financial year, form 26AS is Tax credit ...
On the face of it, the so-called “Trump accounts” — which would provide parents of newborns with $1,000 to invest on behalf ...
This doesn’t include the FICA tax, which funds Social Security and Medicare. Someone who earns $150,000 per year would pay about $25,500 in federal income taxes. That’s how much you would save ...
Trump’s spending bill includes a “revenge tax” to countries that levy “unfair foreign taxes” on U.S. companies. Here’s what ...
Tax-loss harvesting means selling investments at a loss to offset your capital gains and lower your tax bill. Many, or all, of the products featured on this page are from our advertising partners ...
Almost every baby born in America would get a $1,000 tax-deferred investment account under the proposed program.