First-time income tax filers often make easily avoidable mistakes that can lead to refund delays or scrutiny. Common errors ...

D.C. sellers are facing six-figure tax bills on long-held homes. An outdated federal cap—and one of the highest local tax ...

Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.

Thousands of Alaskans risk paying hefty capital gains taxes on their home sale—despite no state income tax. A decades-old ...

Just one extra dollar of income in retirement can trigger higher Medicare premiums, more taxes on Social Security, and ...

However, the IRS usually taxes that money. If tips are part of your pay, the federal tax agency treats every dollar you receive, whether left on the table in cash or added to a credit card receipt ...