Taxes

Millions of Americans are going to be in for a rude awakening this tax season when they discover they owe the IRS money for unemployment payments. 

Investors who realized gains last year will owe capital gains taxes on them this tax filing season.

Eligibility for the proposed $1,400 stimulus payments is based on your adjusted gross income. Here’s how to calculate it.

Taxpayers who had 2020 income or gains from cryptocurrencies — regardless of the transaction — may regret it if they fail to report it on their tax return.

Former prosecutors say the trove of records could give investigators new tools to determine whether Trump lied to lenders or tax officials, before or after he took office.

While the IRS had said it has no plans to extend the standard April 15 filing deadline, taxpayers in declared disaster areas will get a reprieve.

Former President Donald Trump’s accountants, Mazars USA, must hand over tax records to New York prosecutors following a Supreme Court ruling on Monday.

Apple should have paid state taxes on the full price of iPhones sold at discounted prices through wireless carriers over a three-year period at its stores in Maine, the state supreme court ruled. The Maine Supreme Judicial Court unanimously overturned a judge’s decision that sided with Apple after the state tax assessor argued that taxes were underpaid by tens...

Criminals stole identities to collect unemployment benefits during the Covid pandemic. The IRS has tips for victimized taxpayers.

Unfortunately, too much Covid relief money is being given to fraudsters who capitalize on the deaths of their fellow Americans, writes Sen. John Kennedy, R-La.

Tax-filing season is here and you may be wondering how the pandemic will affect your return.

Despite a later-than-usual start to tax season this year, the IRS said Thursday it has no plans to extend the filing deadline beyond April 15.

Tax filing season will start a bit later and look a bit different this year.

Tax season starts Feb. 12. Those who lost income in 2020 will want to file their taxes as soon as they can to get a bigger stimulus check.

Many Americans contributed to nonprofits amid the pandemic, which may actually net you a tax break thanks to the CARES Act. 

Tax season is upon us, and we know that comes with a lot of questions. So we got Lisa Greene-Lewis, a tax expert with TurboTax, to play a game of “True and False” with LX Host Nik Z to tackle some of the big ones.

Democrats are moving ahead with short-term $3,000 child tax credit in the Covid relief bill, but some lawmakers want to see a permanent increase.

Billions of dollars have been lost to unemployment fraud during the Covid pandemic. Victims of identity theft will have an unwelcome surprise this tax season.

Now under Democratic control, the powerful Senate Finance Committee aims to take on billionaires, dark money groups and several special interests.

President Joe Biden wants to raise trillions of tax dollars from the wealthy. It’s a reversal from Donald Trump’s signature tax law.