taxes

One week after September child tax credit payments were sent out by the IRS, some parents tell CNBC Make It they still have not received theirs.

President Joe Biden and House Democrats aim to raise taxes on Americans with more than $400,000 of income. But what’s the significance of that threshold?

“The IRS is currently looking into this situation, and we will share more information as soon as possible,” the federal agency said.

While the windfall would be a life-changing bonanza, a good portion of it will go to taxes.

Mary Trump revealed in her own book that she provided documents to Times reporters who later published an expose of Donald Trump’s tax practices.

House Democrats want to raise funds for their $3.5 trillion spending plan by limiting a popular tech industry write-off for startup investors.

Monthly child tax credit checks of up to $300 per child are reaching millions of families. New data shows they have been inclined to save and invest the money.

Senate Finance Committee Chairman Ron Wyden has floated a new tax on exchange-traded funds’ in-kind transactions, which may have a negative effect on investors.

Roth accounts allow for after-tax savings in 401(k) plans and individual retirement accounts. But there are some big differences between the two.

House legislation, part of a $3.5 trillion budget plan, would prohibit individual retirement accounts from holding investments for “accredited investors.”

Progressive groups are launching a $2 million pressure campaign against Republican lawmakers to show that a majority of voters support Joe Biden’s agenda.

The wealthiest Americans may be avoiding $163 billion in income taxes every year, according to the U.S. Department of the Treasury. Here’s how they do it.

The indictment details what prosecutors called a “sweeping and audacious” scheme to avoid taxes on compensation for executives.

Families have just a few months left to sign up for child tax credit payments

A Democratic proposal to close a key tax loophole for exchange-traded funds is “regressive” and likely won’t pass, says ETF Trends’ Dave Nadig.

Congressional Democrats face a daunting assignment.

Two days after the child tax credit was supposed to be direct-deposited, many parents report they have not received it and have not been updated by the IRS.

House Democrats are taking aim at “mega” IRAs like that of billionaire Peter Thiel in tax legislation unveiled this week.

Health savings accounts are less common among older Americans who may need one the most, according to the National Poll on Healthy Aging.

The IRS sent approximately $15 billion to 35 million families as part of the third advance child tax credit. But reportedly not everyone received a deposit.