You might think self-assessment tax returns are only for the self-employed, landlords and high-net-worth individuals, but more people than ever have had to complete one in recent years. Fiscal drag is ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

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 ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

If you’re looking to grow your retirement savings, a 401(k) can be a game-changer—but what if your employer doesn’t offer one or what if you don’t have an employer at all? Let’s break it down and ...

The IRS is introducing new income limits for its seven tax brackets, adjusting the thresholds to account for the impact of inflation. That could provide a break to some taxpayers on their taxes in ...

The IRS recommends three years (shred the rest at the WFMY shred!), but you may want to keep all your W-2s in case Social ...

To simplify filing crypto taxes in the US, you need a 2024–2025 tax year guide that covers IRS regulations, taxable events, forms and tips to simplify your reporting. US crypto investors must file ...

Roth IRAs provide tax-free withdrawals in retirement. Workers who exceed income limits cannot fund a Roth IRA directly. High earners can contribute indirectly via a backdoor Roth IRA. Successfully ...