How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can ...

Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

The holidays are the season of giving—and with a little planning, you can make your gifts both generous and tax-efficient.

This article originally appeared on Moneywise.com under the title: I gave my mom $200K to buy my late grandma’s home from her — but there’s no proof it’s mine. How do we make it legal? This article ...

CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit ...

Preparing for the enrolled agent exam can be a challenging yet rewarding journey for aspiring tax professionals. If you want to do it the right way, you’re in the right place! After all, practice ...

Taxpayers who buy a new car assembled in the U.S. may be able to deduct up to $10,000 from their taxable income beginning in 2025. To help sort out the details, the IRS is rolling out additional ...

The rainbow-haired rapper said poor money management led to him owing the high amount to the government. By Mackenzie Cummings-Grady 6ix9ine says that he didn’t know how to manage his money and now ...

Exact Sciences Corp. (Nasdaq: EXAS), a leading provider of cancer screening and diagnostic tests, today announced that the ...

Equities continued their rally in October, despite the government shutdown entering its fifth week. Learn more about the S&P ...

Question: I retired at 65 with $7.8 million and feel like I over-saved. My 40-something son is on the same path. Should I tell him to reconsider? Answer: It sounds like you did an excellent job of ...