In 2021, the difference between what U.S. taxpayers owed the federal government and what they paid hit nearly $700 billion.

Today, no nuns run any U.S. Catholic health system, while many of these hospitals pull in billions, according to their ...

Since January 2021, the federal workforce has increased by about 120,800 employees. Washington has added as many workers in ...

The final regulations on the sale of property seized by the IRS through a levy for nonpayment of taxes provide a long overdue ...

The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024, according to a press release ...

– Earned Income Tax Credits. For qualifying taxpayers who have three or more qualifying children, the tax year 2025 maximum Earned Income Tax Credit amount is $8,046, an increase from $7,830 for tax ...

The lawsuit follows years of international scrutiny on Schiff and Euro Pacific Bank, which he founded in Puerto Rico. #NewsismyBusiness ...

You may be surprised at exactly how early (and how late!) in your career you can contribute to a traditional IRA. Here's what you need to know to maximize your investments.

Nonequity partners in law firms encounter significant tax and health expenses that diminish their net income, prompting a reevaluation of firm structures.

Endowments and endowment funds are critical for non-profit organizations, and payouts are generally not taxable, but there are exceptions.

Beyond recalibrating the basic income tax brackets and deduction amounts, the adjustments also set the maximum amounts that ...

Learn how to claim a vehicle sales tax deduction and lessen your tax burden. Find out who qualifies and how you can claim and ...