WASHINGTON – President Joe Biden and first lady Jill Biden reported earning $607,336 last year and paying $157,414 in federal income taxes, according to 2020 federal tax returns made public Monday, a ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The last decade has seen many large and destructive wildfires in ...

President Biden and first lady Jill Biden released copies of their joint 2020 federal income tax return on Monday as millions of people across the country faced a filing deadline. The first couple ...

Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s. Peter managed ...

WASHINGTON, May 17 (Reuters) - President Joe Biden and first lady Jill Biden reported a drop in income as they filed their tax returns for 2020 on Monday, marking a return to the normal practice of ...

At the end of 2024, wildfire survivors who had waited years to be paid in settlements over powerline-ignited fires got major ...

Christanine Brodis gathered her tax paperwork in February including a 1099-G for state unemployment compensation and a W2-G for some gambling winnings at MGM Grand Detroit, the only bright spot in a ...

Six years of Donald Trump’s federal tax returns released on Friday show the former president paid very little in federal income taxes the first and last year of his presidency, claiming huge losses ...

FedEx and Nike are among those found to have avoided U.S. tax liability for three straight years. By Patricia Cohen Just as the Biden administration is pushing to raise taxes on corporations, a new ...

Understanding how much you owe in federal income tax starts with knowing the tax brackets and how they’ve shifted year over year. Below you’ll find the latest IRS tax tables, standard deduction ...

The $1.9 trillion American Rescue Plan signed into law last week includes a welcome tax break for unemployed workers. The law waives federal income taxes on up to $10,200 in unemployment insurance ...

An image that was originally uploaded to Facebook in 2018 has suddenly gone viral and it is misleading users about this year's deadline to file federal taxes. The image has a cartoon-style drawing of ...