The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...
The 2025 income limit for the tax credit for lower-income workers who save for retirement will increase slightly to $39,500 for individuals. The IRS published a draft of the 2025 version of Form 8880, ...
On September 16, 2025, the Internal Revenue Service (IRS) released a final regulation providing guidance on how plan sponsors should implement a requirement under the SECURE 2.0 Act for catch-up ...
Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...
Government 457(b) plans are about to get more complex as new Roth catch-up requirements come into force. Here's how to ...
Californians received news that the IRS decided the tax fate of special state payments "stimulus checks" made to millions of people across the country during 2022. In California, those payments were ...
Ipoh police chief Abang Zainal Abidin Abang Ahmad said the victim, aged 16 and from Johor, collapsed suddenly while he was about to enter the field for the second half of the match. (Bernama pic) The ...
Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...
Gambling taxes are common because the United States gaming industry is booming. From new casinos to lotteries and online sports betting, there are plenty of opportunities if you enjoy gambling. And ...