How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can ...
Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...
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 ...
Q: I plan on purchasing gold coins for investment and possibly provide gifts to some relatives. A: An excellent source for this issue is“ Your Guide to Paying Taxes on Precious Metals.” The source is ...
Speculation is rife chancellor Rachel Reeves has plans to target inheritance tax once again in her upcoming Budget. But the 7 ...
The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...
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Barry Dolowich, Tax Tips: From IRS auditor to business coach

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 ...
(CNN) - The IRS says it will begin phasing out paper tax refund checks for individual taxpayers at the end of the month. The change, which starts Sept. 30, is a result of an executive order signed by ...
Free money from Zelle or Cash App—just for filling out a government form? That’s what some TikTok videos claim. Consumer Reports has a warning: it’s not a windfall—it’s simply not true. Other WRAL Top ...