tax returns

The deadline to file federal tax returns is Tuesday, April 15, 2025, leaving only one day left for procrastinators to get it in on time. Here's what to know about last-minute filings, extensions and payment requirements.  Filing Before April 15: For those looking to file a federal tax return...

President Joe Biden is among the people who completed their taxes ahead of an April 15 deadline. Here's a look at Biden's earnings and taxes paid in 2023. Joe Biden's Tax Return: Biden's 2023 tax return was made public this week, which marks the third straight year as a president Biden has done...

The IRS is poised to take a significant leap into the digital age following an announcement by Treasury Secretary Janet Yellen. Taxpayers will soon have the opportunity to submit documents electronically, advancing the agency’s transition toward a paperless system ahead of...

An Internal Revenue Service (IRS) contractor found himself at the center of a legal storm on Friday, after federal prosecutors announced charges of illicitly accessing and distributing the tax returns of a notable government figure. What Happened: While the identity of the...

The son of President Joe Biden is suing the Internal Revenue Service (IRS) over the sharing of tax return information. The lawsuit from Hunter Biden comes shortly after an indictment was announced against him. What Happened: A lawsuit against the IRS has been filed by Hunter Biden, the son of...

President Joe Biden and first lady Jill Biden made public their tax return on Tuesday. The document indicated that the couple paid $137,658 in income tax in 2022. What Happened: The Bidens reported $579,514 in gross income, while the previous year the figure was $610,702. The first couple donated...

Taxpayers in the United Kingdom will be required to report their cryptocurrency holdings on their tax returns, according to a recent announcement made by Chancellor of the Exchequer Jeremy Hunt. This new requirement is expected to generate an additional 10 million British pounds ($12 million)...

Donald Trump’s tax returns have been handed over to a committee of the U.S. House of Representatives. What Happened: The Ways and Means Committee got access to the tax returns after a protracted legal fight in which the former president accused the Democrat-led panel of being driven by...

Was one of your New Year’s resolutions to improve your financial planning? We’re still in the front end of 2019, so to help you remain on track, consider using a tax return estimator to make sure you’re on good terms with Uncle Sam. What Is an Income Tax Estimator? An income tax...

Taking care of another person, be it an aging parent, disabled child or extended relative who cannot live independently, can take its toll on the caregiver mentally, physically and financially. It is important to be aware that help is available to reduce the stress of these three commonly...