Used electric car and PHEV buyers can currently get up to a $4,000 tax credit, but the Trump administration's plans may change thatA 2020 Toyota Prius Prime Plug-In HybridBy Keith BarryBuyers of ...

Tax season opened on January 27, meaning taxpayers can now file and pay their tax returns with the Internal Revenue Service.

A cheat sheet on contributing to, withdrawing from and converting 401(k)s, traditional IRAs, Roth IRAs and other funds.

Retirement account withdrawals and earnings from a job may not be the only taxable income you have, either. The federal ...

The GOP leadership in the House has proposed eliminating two education tax credits to save the government $85 billion over 10 ...

The IRS gets copies of all the 1099s and W-2s you receive. This includes the 1099-R (reporting payouts from retirement plans, ...

In 2025, the IRS increased several key tax credits, providing taxpayers with greater opportunities to save. Whether you’re a ...

Medicare beneficiaries with income over a designated amount are required to pay a monthly fee in addition to their Medicare ...

Newsweek magazine delivered to your door Newsweek Voices: Diverse audio opinions Enjoy ad-free browsing on Newsweek.com Comment on articles Newsweek app updates on-the-go ...

Investors who hold assets in taxable accounts—as opposed to tax-favored retirement accounts such as IRAs or 401(k)s—are ...

For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was ...

Navigating the financial landscape as a student in the United States can be challenging, especially with the burden of ...