Whether it’s online sports betting, a casino win, or a horse bet, don’t forget the gambling tax.

The FCNR leverage structure can be beneficial via GIFT City, but only when the spread survives taxes, borrowing costs and ...

Tax gain harvesting allows you to sell appreciated assets for a profit while paying zero federal tax during low income years.

Depending on your income and where you live, you may have to pay both federal and state taxes on your Social Security ...

Not every business shows a profit, but if your "hobby" is a business, you may be able to write off expenses against other ...

State tax waivers available for 11 storm-hit Illinois counties; penalties and interest may be abated for eligible filers.

Friday, July 10 is the last day to file for a potential COVID-related IRS refund. Here's what taxpayers need to know.

The IRS Security Summit campaign warns tax pros about fake IRS messages, social media tax myths, new-client phishing schemes, ...

Gov. J.B. Pritzker and the Illinois Department of Revenue announced disaster tax relief for individuals and businesses in 11 counties affected by weather-related events between March ...

Houses in the West Plaza neighborhood of Kansas City. Jackson County fell on the lower end for property tax bills paid in 2023 among the Missouri counties surveyed. Tammy Ljungblad ...

You can now file for COVID-related tax refunds online. But the IRS deadline to claim your money is July 10. So, act fast.