Internal Revenue Code Section 529 college savings plans are state sponsored plans designed to encourage residents to save for college. Regardless of age and income, anyone can make contributions ...

According to Forbes, it is important to check all 1099 forms before filing. Most come in late January or early February but some may come throughout the year. If a 1099 is missing or has an error, you ...

An expert has encouraged older people to verify if they could be due a substantial sum from the Department for Work and Pensions (DWP). Over 370,000 pensioners, predominantly women, have been informed ...

The FAFSA, the application for federal college financial aid, is out early this year. Experts advise students and families to complete it as soon as possible because some schools, including the ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

Business registration is the process for an individual or company to formally record their business with the specific state or government authorities to ensure the legal operation of their enterprise.

Federal tax credits are greatest in 2025, and therefore, the residential clean energy credit is a desirable incentive for homeowners to invest in battery storage technology. This substantial tax ...

President Trump has threatened more tariffs on countries with digital taxes that “discriminate” against US tech companies while giving Chinese tech firms a free pass – and is reportedly weighing ...

Giving or receiving financial gifts can be a generous act, but it often comes with tax responsibilities that many overlook. The rules around tax filings after financial gifts are more complicated than ...

Giving or receiving financial gifts can be a generous act, but it often comes with tax responsibilities that many overlook. The rules around tax filings after financial gifts are more complicated than ...