Income taxes

As the Direct File program takes shape, learning from taxpayers will be paramount.

Portland, Oregon, may penalize higher earners more than any other large U.S. city, according to a new report.

A pair of lawmakers proposed bipartisan legislation to streamline the tax filing extension process.

The Internal Revenue Service asked for public input on how to improve access for taxpayers who don't live nearby an appeals office.

Shrinking revenues make it harder for the Treasury to stay within the federal debt limit, which the department hit in January.

Wealth advisors seeking the highest-earning clients should look to 30 key geographic areas, some of them not household names.

The District of Columbia, Massachusetts, Connecticut and Washington State had the highest incomes on average reported on tax returns.

From a bag of used clothing to artwork worth millions, donations can get a tax deduction — the complications arise when dealing with substantiation requirements. 

President Joe Biden and First Lady Jill Biden paid $169,820 in federal and state income tax on a combined $579,514 in adjusted gross income, according to their annual tax returns.

It's tax season in the U.S., and nowhere is that felt more acutely than in three cities — New York, San Francisco and Honolulu.

The question of when the U.S. could default will come into sharp relief this week when the Treasury reveals how big its tax take is likely to be.

While a securities-based loan is more commonly used to buy a fancy house or take a dream vacation, it's also an underused strategy for some affluent investors to pay large tax bills.

Hard data about charitable donations denominated in cryptocurrency is difficult to obtain.

From accidentally paying state taxes on T-bill income to wonky filing deadlines, these tips will help make a federal tax return sparkle. Or at least clean.

The Internal Revenue Service and the Treasury Department issued a notice offering a safe harbor for the deed language in charitable conservation easements.

Once primarily an issue for Democrats, GOP gains in New York have made the deduction an issue for them, too.

The IRS did not meet a requirement under the Taxpayer First Act to create an online system for processing business transcript requests by January 2023, according to a new report.

Investors and analysts had complained that the existing disclosures don't offer enough information.

The service provided some leeway on foreign income reporting requirements to people who needed to flee Ukraine, China, Belarus, Iraq, Ethiopia and Mali.

The president is proposing a series of tax increases on billionaires, rich investors and corporations.