Forbes contributors publish independent expert analyses and insights. Leading writer and speaker in the area of trader tax benefits. Trader tax status (TTS) is the ticket to tax savings. If you ...

President Biden and first lady Jill Biden reported a federal adjusted gross income of $579,514, according to their 2022 federal income tax returns, which were released by the White House on Tuesday.

Hard to imagine anyone walking away from a few hundred dollars or possibly even $5,000 or more, but plenty of working people lose out each year on a valuable tax credit simply because they don't file ...

Tax season lies just around the corner, which means it’s time to seek those last-minute tax breaks While tax rates haven’t changed, each tax bracket (income range) has adjusted to account for ...

It’s April 18, the official deadline to file your federal and state income tax returns for 2022. (It is also, apparently, National Animal Crackers Day for those who celebrate.) Whether you have ...

Gas prices at the pump took one crazy trip in 2022 – and it's going to add another layer of complexity for those who claim mileage deductions on their 2022 tax returns. What exactly is the standard ...

A court ruling could allow refunds of IRS penalties and interest from 2020–2023, but most taxpayers must file Form 843 by ...

Dozens of large corporations paid more money to their top executives than they shelled out in federal taxes between 2018 and 2022, according to a new watchdog report. The analysis names 35 ...