Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

Taxes may be fact of life, but have you ever been up close and personal with a Form 1040? Here's a beginner's guide to understanding how federal income tax returns work. Many, or all, of the products ...

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...

Hobby income differs from other types of income (like self-employment income and income from your side hustle), and the IRS taxes each type differently. Determining whether your revenue stream ...

If A, from the example in the article, had the same amount and type of taxable income in 2017 under the old kiddie tax rules and her parents had taxable income of $250,000 and they did not owe ...

Domain Money reports on costly tax traps for equity compensation, advising on strategies to avoid unexpected tax bills and optimize financial outcomes.

A committee studying whether to design a new government here interviewed the mayor of Lancaster, who said finances improved ...

Unearned income is highly useful for anyone looking to accumulate wealth, but it does come with tax consequences. Here’s the deal. Unearned income is Uncle Sam’s way of saying there’s another way to ...