As the 2025 tax season approaches, the IRS offers a valuable opportunity for eligible taxpayers to receive free assistance.

It is possible to use funds from your 401(k) account to buy a house. However, doing so might incur both a penalty and income ...

The House Republicans have voted to re-elect Rep. Mike Johnson, R-La., as House speaker. NBC News' Julie Tsirkin and Garrett Haake report on Capitol Hill on how Johnson worked to flip opposition ...

President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel. This affirms his earlier vow to block the acquisition. (AP Video ...

STATEN ISLAND, N.Y. — More New Yorkers will be able to access a free, online tax-filing service this year, Gov. Kathy Hochul announced Friday. The 2025 expansion to Direct File, a state partnership ...

After years of delays, the federal tax evasion case against Smethport's Brian Gustafson is moving forward. Through his attorney, D. Robert Marion, Gustafson filed several motions in October — motions ...

Ethena, a synthetic stablecoin protocol, is expanding to become a neobank by integrating its USDe stablecoin with innovative financial ...

The new requirement, which is being implemented after a two-year delay, applies to such P2P apps as PayPal, Venmo, and Block ...

On December 17, 2024, the House Ways and Means Committee and the Senate Finance Committee presented two bills – the Paperwork Burden Reduction Act ...

Flexible Spending Accounts (FSAs) offer a tax-advantaged way to cover medical expenses. Learn how to make the most of your FSA dollars in 2025 and avoid losing unused funds.

Elon Musk joked about IRS crypto taxation, raising questions about digital asset tax policies and gaining attention from the ...

An IRS John Doe Summons is highly effective to combat tax evasion. Trident Trust may now have to reveal U.S. taxpayers who ...