Taxes may be fact of life, but have you ever been up close and personal with a Form 1040? Here's a beginner's guide to understanding how federal income tax returns work. Many, or all, of the products ...

The impact of the Republicans' tax and spending law could result in the "largest refund season of the last decade," a Wall ...

Hobby income and expenses aren't reported to the IRS the way business income and expenses are. Here's how to tell what type ...

Estimate your 2025 federal refund or bill using our free income tax calculator. Enter your income, age and filing status to get started. Annual gross income Think of this as your salary, or the sum of ...

WASHINGTON -- Many US tax filers get refunds when they file their federal income taxes. But this year, thanks to several temporarily expanded tax breaks, you could get back more -- or in some cases, ...

If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a decade ago but the number of taxpayers subject to the tax has increased. For ...

Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...