The Unanswered Questions About Trump Accounts That Parents Need to Know

With less than a month to go, some details are still being worked out.

A Breakdown of the Deal Protecting Trump From IRS Audits

Key points from the settlement that gives the first family tax immunity.

If You Think Divorce Is Messy, Try Splitting Up When You’re Not Married

Whether the fight is over the house or the dog, unwed former couples are often beholden to a patchwork of legal interpretation. ‘It’s the Wild West.’

The Clock Is Ticking for IRA Inheritors to Take Distributions

After years of delays, the Internal Revenue Service is enforcing annual payouts on certain accounts this year.

They Found Relatives on 23andMe—and Asked for a Cut of the Inheritance

Surprise heirs are showing up because of DNA test kits and sowing disorder for people handling their loved ones’ estates.

IRS Loosens Rules for Workers to Claim ‘No Tax on Tips’ Deductions

The agency is delaying implementation of a provision of the new law that prevents workers in certain service businesses from claiming the deduction.

How to Squeeze the Most From the New SALT Cap

Taxpayers can act now to make the most of an increase in state and local tax deductions when they file 2025 taxes in the spring.

How Well Do You Know the New Tax Law? Take Our Quiz

The 887-page law goes far beyond extending President Trump’s 2017 legislation.

Trump Said ‘No Tax on Social Security.’ The Tax Bill Comes Closer to It.

The bill that passed the Senate includes a $6,000 senior tax deduction, compared with the House’s $4,000 deduction.

Trump Megabill Reshapes Tax Breaks for Charity Contributions

The House and the Senate have proposals that offer contrasting incentives as lawmakers look to spur people to give more money to charity.

Trump Bill Would Raise Estate Tax Exemption to $15 Million and Make It Permanent

The big tax-and-spending bill in Congress would introduce certainty when it comes to death and taxes.

The Pope Took a Vow of Poverty. He May Still Need to File U.S. Taxes.

The first American pontiff has special circumstances but may want to file a return even if he doesn’t owe anything

When Leaving the House to Your Heirs Backfires

More people are having to decide whether to sell a home that has soared in value and pay a big capital-gains tax bill, or hold on to it to give to their children tax-free after they die.

Now Might Be Time for an EV or Solar Panels, With Federal Tax Breaks at Risk

The heyday of big federal tax breaks for Americans going green could end soon. That means if you’re considering buying a new or used electric vehicle or adding solar panels or a heat pump to your...

Why Your Top Tax Rate Isn’t What You Actually Pay

Your tax bracket might be 24% but your effective rate is lower.

Tax Day Is Almost Here. Millions of Americans Haven’t Filed Yet.

Americans are filing returns at a slower pace than last year, though disasters could be delaying some.

Roth IRAs Are All the Rage With the Young Crowd

By getting the money in early, the thinking goes, they are giving it time to grow tax-free. In the run-up to tax day, more savers are making last-minute contributions to max out their individual...

IRS Retreats From Some Audits as Agency Slashes Workforce

Tough talk about pursuing tax dodging by corporations and high-income households is gone, and the administration is leaning more on technology for taxpayer service and enforcement.

The IRS Now Knows a Lot More About What You Sell

The agency is cracking down on unreported income from online sales.

The Reality of GoFundMe Is That Money Often Doesn’t Go to Those Who Need It Most