A Long Island couple who used the same accountant for many years, even after the accountant moved to Florida, recently ran into trouble. In previous years at tax time, they would meet with the ...

Navigate estate tax obligations with Form 706, state-specific rules, income considerations, and post-filing steps for a ...

In February, the IRS commissioner defended his agency at a congressional hearing centered on the country’s arduous tax code and filing process at a time when some in Congress want to cut IRS funding.

Before talking about how your taxes will change, let's consider the IRS definitions for when you can use the single vs. married filing statuses. In order to use the single filing status, you need to ...

Have you filed your taxes yet? The deadline is still a couple months away, but a big move by the Internal Revenue Service, or IRS, could impact when you get your return. The IRS is poised to lay off ...

Filing for bankruptcy is a heavy financial decision to weigh, even if you're dealing with a serious amount of debt. And, as a last-resort option, filing for bankruptcy should not be taken lightly, ...