The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan ...
If you were counting on a federal tax break to knock thousands off an EV, the rules changed. The Internal Revenue Service now ...
Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...
Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...
As a small business owner, you have a lot on your plate and filing your taxes might seem like an overwhelming task. But the right online tax-filing software can save you time, money and stress. CNBC ...
Profit from sold investments is taxed; time held determines the tax rate. 2025 and 2026 long-term capital gains tax rates are income-dependent. Recent tax laws haven’t changed these long-term capital ...
How much you owe the IRS at tax time is determined by the tax brackets you're eligible for. For tax year 2025 (filing in 2026), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Each ...
For the first time since President Donald Trump rolled out his sweeping global tariff program in April, month-over-month customs receipts declined in November. Last month, the U.S. government ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...
Learn how contributing after-tax funds to a Roth has advantages in retirement Andrew Martins is an award-winning journalist who has performed thousands of hours of research on small business products ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...