Still haven't filed your 2024 taxes? Here are the key questions to ask a tax pro before you make any other moves.

You may have gotten a surprise IRS tax bill that left you wondering what happened. Here are six reasons you might have owed more taxes and what to do about it.

If my mother gives her personal residence to me, my understanding is that I also get her adjusted cost basis.” ...

I’m selling a number of personal possessions, including a set of silver cutlery. Will I have to pay tax on the money I make?

If the current budget reconciliation bill becomes law, the free IRS program could be terminated. I've grown pretty dependent ...

The process of transferring my HSA funds was more complex than I imagined, but left me with a key takeaway: Pay attention to ...

I hit 74 years old this month. I get $600 a month from Social Security and $1,100 from retirement. I have around $150,000 in savings, but my house isn’t paid off yet and I’m still working. How can I ...

Losing a job can trigger tax surprises, such as unemployment checks, severance pay, or side-hustle income. Mark Steber, Jackson Hewitt chief tax information officer, joins Wealth to explain what to ...

Employees get deduction benefits on certain investments or savings done. But there is one investment that doesn't help ...

James Crosby has raked in almost $8,500 since he began arbitrage betting in March. He told BI he's saving for a down payment ...

If you have a tax liability after you complete your return you have ... not just to file your taxes but also to pay your taxes. The most important thing to do if you haven’t filed your taxes ...