IRS collects over $1 billion in back taxes from wealthy dodgers
Treasury Secretary Janet Yellen and IRS Commissioner Danny Werfel revealed the total amount Friday during a visit to an IRS ...
I paid a six-figure tax bill this year and I’m fed up with sending my hard-earned cash to Uncle Sam — is it possible to avoid paying income tax (legally)?
Handing over your hard-earned money to Uncle Sam can feel like such a drag. In some cases, tax bills can even get extreme — ...
IRS Reclaims $1.3 Billion in Back Taxes from Wealthy Americans – Is This Just the Beginning?
The IRS and U.S. Department of the Treasury recently announced that $1.3 billion has been collected from high-income, ...
Mark Cuban says billionaires show why America is special — and it's patriotic to get obscenely rich then pay big taxes
Mark Cuban said the potential to become a billionaire is part of what makes America special, and he's proud to pay back into ...
IRS Has No Set Plan to Replace Old Tech
Without the TRO, the IRS has no firm plan to identify, prioritize, and decommission its old technology. That could threaten ...
Your taxes are going up in 2026, according to Morgan Stanley. Here are 5 tax-advantaged trades to make.
Morgan Stanley predicts taxes will rise in coming years thanks to new policy and rising national debt. Here's how you can ...
The IRS Says There’s Always Next Year
The tax agency again delays a vital software upgrade, at the cost of billions.
These 3 Changes Are Coming to IRAs in 2025
New IRS rules in 2025 might affect anyone who inherits an IRA -- but there is some good news for IRA savers. See how to avoid ...
Mark Cuban Thinks Being a Billionaire Means the American Dream Is Alive and Well
Mark Cuban, a billionaire tech entrepreneur and investor, thinks the existence of billionaires in U.S. society is a good ...
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IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...
What Is A Modified Endowment Contract?
Sometimes when you pay too much into a life insurance policy it becomes a modified endowment contract. We explain what a MEC ...
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Trump suggests reversing his cap on state and local tax deductions
Former President Donald Trump indicated Tuesday that he would reverse a controversial provision of his 2017 tax cut package that limited Americans’ ability to deduct state and local taxes on the ...