Passing such a bill should be easy and give President Trump a quick victory. Extending the 2017 tax reform, on the other hand, will be a bigger lift given Republican disagreements over lifting the ...

President Trump on Saturday announced that value-added tax systems in other countries will be treated like tariffs — and included in his new plan to impose US levies to match. “We will ...

Investors who hold assets in taxable accounts—as opposed to tax-favored retirement accounts such as IRAs or 401(k)s—are typically eligible for favorable tax rates on investment income such as ...

Interest rates are expected to be held at higher-than-usual levels this year, making high-yield savings accounts more fruitful—and potentially increasing the amount of taxes due next year.

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Suzanne is ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

Tax software can help you file your return more quickly. Here's how to pick the best option for you. Danni Santana has spent seven years as an editor and business journalist covering industries ...

Both presidential candidates have touted no-tax-on-tips pledges, but experts say it’s bad policy. Many, or all, of the products featured on this page are from our advertising partners who ...

He is scrapping the system in which the Government collects betting duty of 6.75% from bookmakers, which is passed on to punters in a 9% tax. Bookmakers can absorb all the costs of the new tax ...

Tax season is underway and millions of taxpayers can file for free this year using the IRS' Direct File system. Launched by the agency as a pilot program in 12 states, Direct File processed ...

Britain’s National Gallery last week announced the purchase of a huge and handsome Rembrandt for upwards of $400,000. An equestrian portrait, 8 by 10 ft., the canvas had already been whisked off ...