IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Not everyone is required to file taxes, but most Americans must and probably will submit a return. Some will even do so today ...

As is the case with anyone nearing retirement age, thinking about minimizing taxes and reducing any future RMDs (Required ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

There is no evidence Bessent made the X post attributed to him. The account shown has been suspended, and no credible news reports support the claim.

Sid Edwards wants parish voters to rededicate a parish-wide library tax so he can pay city cops more. Will it work?

Money withdrawn from a tax-deferred retirement account is taxed as you begin to make withdrawals. Here are 3 ways to minimize ...

With the end of the tax year approaching, people who are employed or receiving a pension may find themselves on the receiving end of a seemingly intimidating HMRC letter. Known as Simple Assessment ...

President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break ...

Though some social media users interpreted Elon Musk's X post as meaning the service was closed, its website remained active ...

Hitting the brakes on investing while saving money for a down payment can put your long-term financial well-being at risk.

The problem is that depending on your income, you may also be paying taxes on your Social Security benefits as a retiree. And in a way, that's double taxation. You paid taxes on your wages to qualify ...