What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

The Internal Revenue Service ordered most of its approximately 20,000 customer service employees back to the office this week, ending a long era of hybrid and remote work. There was just one pro ...

The 2025 tax season officially began on January 27 and will conclude on April 15. The IRS anticipates receiving over 140 million individual tax returns for 2024 by the deadline. While many ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

By Andrew Duehren Reporting from Washington The Trump administration replaced the top lawyer at the Internal Revenue Service, according to three people familiar with the change, in a shake-up that ...

Less than zero, actually—as several companies report tax losses. Only Eli Lilly actually set aside a significant sum (roughly $1 billion) for its tax payments to the U.S. Treasury. What’s more ...

With the 2025 tax season underway, the IRS Free File partnership could be just what you need to get your taxes done with ease and for $0. Macy Meyer is a North Carolina native who graduated from ...

The bustling Asian city boasts some of the best luxury hotels in the world, but also some reasonably priced boutique gems too. By Abid Rahman International Editor, Digital Hong Kong is back!

Tax season is here, and while it’s not necessarily an occasion most people celebrate, you don’t have to struggle over your taxes anymore. Thanks to tax software programs, you can file your ...

Watch your mailboxes and check your bank accounts: IRS refunds can be issued as early as February 18. However, most federal tax refunds take longer. The average federal tax refund was around $ ...