Revenue from a proposed excise tax would fund housing construction, infrastructure, childcare, and elder care as automation ...

The maximum credit is calculated as 35% of allowable expenses, up to $3,000 for a single child and $6,000 for two or more ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. Author’s note: The standard deduction amounts, state and local tax (SALT) caps, and maximum amount of the child tax credit have been ...

One of the most talked about changes for tax year 2022 is the new reporting requirement for third-party settlement ...

This next month’s legislative work could help set the stage for a bipartisan tax bill that both tax writers and K Street are hoping might pass before the end of the year.

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Jill A. Chafin is a personal finance writer specializing in transforming tough financial topics into easy-to-understand content with actionable steps. Prior to her role at Forbes Advisor, she wrote ...

Save time and money by having these documents ready when it's time to file your taxes. Whether you hire a professional or do it yourself, you'll need certain information and documentation to file your ...

The IRS deadline to file your federal tax return was Tuesday, unless you live in a state that has an extension in place due to a recent natural disaster. If you didn’t file your tax return or an ...