On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

The Treasury Department ended its tax-time savings bond program, which was the last way to buy the paper version of I bonds, ...

Florida’s $115.6 billion budget proposal offers everything from 2025 sales tax holidays to a one-time mortgage tax exemption.

Tax season is just around the corner. What advice would you give to someone filing for the first time in 2025? Submit your response to our survey.

Nearly 90 lakh taxpayers voluntarily updated their incomes by paying additional tax. Taking this trust further, I now propose to extend the time limit to file updated returns for any assessment ...

Peter Gratton, M.A.P.P., Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at ...

On top of a new presidency, changing economic tides and more, we have another crucial money event to focus on soon: tax ...

Inflation drives up the price of everything from gas to groceries, and experts are now sharing how it can impact you this tax ...

IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration ...

Some returns may need further review, which could take more time. There is a bevy of reasons why a tax return gets delayed. Here are the most common reasons, as per the IRS: The return has errors ...

but many taxpayers who have submitted their return may struggle to pay their tax bill on time. Financial Times journalist and host of the podcast Money Clinic, Claer Barrett, is urging anyone who ...

These simple but effective “tax hacks” can make a big difference when it comes time to file. You can lower your tax bill with these smart moves. Use tax-loss harvesting if you had big gains in ...