Americans saving for retirement will benefit from increased contribution limits for their 401(k) accounts in 2025, following a decision by the IRS. However, these adjustments come alongside the ...

Plan your investments with tax effects in mind. The IRS plans to focus more on enforcement now. ... With tax rules changing and new audit areas, plan ahead for 2025.

Millions of Americans are waiting for updates on a $1,390 stimulus payout that's expected to come out next month as part of a federal relief plan geared toward low and middle-income houseolds.

T he IRS has issued new regulations regarding retirement plan contributions that will affect highly paid individuals (HPIs). These changes arise from the SECURE 2.0 Act and will have significant ...

The student loan forgiveness tax break ends Dec. 31, 2025, meaning forgiven debt may soon be taxable again. Borrowers on ...

The U.S. Internal Revenue Service (IRS) is at the heart of a heated political debate. A Republican proposal aims to significantly cut its budget, sparking controversy over whether this move benefits ...

Internal Revenue Service taxes forms are seen, Feb. 13, 2019. Keith Srakocic/AP, FILE With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify ...