If your mother purchased the home for $100,000 and it's now worth $800,000, gifting the home to you assumes that the tax basis in the property is $100,000, not $800,000 and/or the value at the time of ...

The president of Mexico is urging U.S. lawmakers to exempt her country from a controversial tax on international money transfers the House approved last week.

The budget bill does not expand a tax provision that exempts student loan forgiveness received from income taxes in most ...

It’s getting down to the wire, but if you haven’t filed your taxes yet, these 15 experts have tips to make it (at least somewhat) less painful — and more lucrative. From understanding your ...

This question may seem simple, but the answer is not so easy. In fact, there are experts who make their living answering just ...

Immigrant tax filers face a harsher tax code than citizens in some important respects. Sweeping tax legislation recently ...

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...

Benefits are front and center of the political debate once again after Republican-backed tax bill attracted attention for a series of cuts. So is a cut to Social Security taxes on ...