The IRS has increased the annual 401(k) contribution limit for 2025, allowing employees to contribute a greater amount to ...

Year-end is when participants who defer income in nonqualified plans choose how much to squirrel away. The 2025 IRS limits on ...

Condoms are the latest "medical expense" that's tax deductible if you itemize, the IRS said. If you don't itemize, see how ...

The Internal Revenue Service may be facing steep cuts in its budget with the win on Tuesday night of President-elect Donald ...

Employee training is especially integral given the federal government’s push toward skills-based hiring that prioritizes ...

Overseas Americans selling a principal residence located abroad or in the U.S., face challenges to qualify for the capital ...

IRS spokesperson Christopher Miller says the employees will help taxpayers. “You don’t have to have any previous tax experience for this job. The IRS will train you to be successful in the ...

A national data hub in West Virginia’s Eastern Panhandle will soon transition away from fossil fuels and toward net-zero ...

– Earned Income Tax Credits. For qualifying taxpayers who have three or more qualifying children, the tax year 2025 maximum Earned Income Tax Credit amount is $8,046, an increase from $7,830 for tax ...

Here is a look at Monday’s business headlines with Jane King, where she discusses a new robot that requires zero human intervention to work and a recent survey finding that a third of Americans would ...

The Tax Cuts and Jobs Act of 2017, a law that increased the estate tax exemption, is scheduled to sunset next year, which could mean big changes for wealthy Americans.

Trump, in his formal campaign platform, called to redistribute workers out of the Washington area and implement large-scale ...