Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.
Get ahead of the tax season crunch by collecting these tax documents throughout the year. Here's what you need to keep an eye out for.
Income tax is charged on most types of income but tax allowances protect some from the taxman. If you earn money from a job, you will have to pay tax once you breach the tax-free allowance. If you get ...
How much you owe the IRS at tax time is determined by the tax brackets you're eligible for. For tax year 2025 (filing in 2026), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Each ...
Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to ...
The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season. Peter is a writer and editor for the CNET How-To team. He has been ...
After your federal tax return is processed, the IRS refunds any overpayment you made during the previous year. That money doesn't come immediately, though: Even if you file electronically and set up ...
Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...
Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...
The law focuses on making the process more transparent. Taxpayers often struggle with complex income tax rules and forms. While recent measures like faceless assessments have helped, a major reform is ...
President Donald Trump suggested Tuesday that Americans may "not even have income tax to pay" in the near future, saying tariff-driven revenue could allow for the historic elimination of the federal ...