IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

The Internal Revenue Service expects 140 million people to file returns by April 15 this tax season. "The best and fastest ...

There is no evidence Bessent made the X post attributed to him. The account shown has been suspended, and no credible news reports support the claim.

If you're eagerly awaiting your tax refund to spend it, you might want to think about other options. It's important to ...

Hitting the brakes on investing while saving money for a down payment can put your long-term financial well-being at risk.

Though some social media users interpreted Elon Musk's X post as meaning the service was closed, its website remained active ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues a 1099-INT form if you earned at least $10 in interest in the previous tax year. Some ...

The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...

For the most part, investors should be free to take whatever risks they want — just not in tax-advantaged retirement accounts ...

Money withdrawn from a tax-deferred retirement account is taxed as you begin to make withdrawals. Here are 3 ways to minimize ...

Discover how the IRS's direct deposit system can streamline your tax refund process, ensuring you receive your money quickly ...