Filing taxes in the United States isn't always mandatory. The IRS sets specific income thresholds that determine whether you ...

CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...

If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income.

The FAQs, which deal mainly with how to handle the employee retention credit on tax returns under various scenarios, are not ...

The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income. The Tax Court ...

A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...

A tax bill will set a flat 3.99% tax for all South Carolinians in 2026, but there are winners and losers in this new bill.

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...

Medicare looks at a number called the modified adjusted gross income (MAGI) when determining whether you'll be charged a higher rate. This number won't appear on your tax return, but you can calculate ...