Trump Accounts come with $1,000 seed deposits for babies born between 2025 and 2028. These accounts could be even more ...

Interest rates on high-yield savings accounts were through the roof for much of 2024. They helped depositors earn rich ...

The IRS can be a sinister foe. The federal government's tax collection service has plenty of tools at its disposal when seeking to impose tax obligations on American citizens. There are a number of ...

Some workers don’t have access to an employer-provided retirement plan, and 401 (k) quality can be uneven. High ...

The Internal Revenue Service (IRS) is taking significant steps to simplify the tax filing process for individuals by ...

Tax season is nearly over. Taxes are due next week, and if you haven't filed yours yet, now is the time. You'll need your W-2 and your preferred tax software in order to do the hard work, but before ...

More than $9 billion in financial crime was uncovered by IRS criminal investigations in 2024, with offshore accounts starring in many of the cases. Plus, the U.S. government's reach now extends well ...

Financial experts say many heirs mistakenly assume inherited retirement accounts are tax-free or can be left untouched for decades. In reality, the SECURE Act and subsequent IRS guidance have ...

Banks and credit unions are legally required to share certain financial information with the U.S. government. This includes interest income (reported to the IRS), large cash transactions over $10,000 ...