Filing taxes for the first time may seem daunting, but it’s usually fairly simple. Here’s what you need to know.

South Korea plans to overhaul its inheritance tax system by replacing the current estate tax with an inheritance acquisition ...

Gen Z filers are newer to tax filing, while millennials may find their taxes more complicated after buying property, having children or pursuing side hustles.

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

Gov. Wes Moore plans to change how Marylanders take deductions on their state income taxes, but officials in some of the state’s poorest counties say that plan could force them to cut services.

Tax avoidance involves using laws to minimize tax liability, while fraud involves illegal activities to evade paying.

Nicholas Mirkay, Associate Dean for Academic Affairs and Professor of Law at the William S. Richardson School of Law, joins ...

Maximize your tax refund with strategies like adjusting your withholding, contributing to retirement accounts, taking advantage of tax credits, and more.

IRS Forms 1099 for lawsuit settlements are common. They are issued to the plaintiff, lawyer or both, often for 100% to each.

You can cut through the confusion of whether a Roth IRA or Traditional IRA will be your best bet by asking yourself six ...

Among them: If you plan to claim any of these credits or deductions, be sure to outline all of your costs and get someone to help you with your taxes, says Lynnette Lee-Villanueva, vice president of ...

Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if ...