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Finance

As the price of bitcoin falls, you can leverage this tax ‘loophole,’ experts say

Jaque Silva/ | Nurphoto | Getty ImagesWith the price of bitcoin down from a record high in January, there's a chance for some investors...

Finance

You can still lower your 2024 tax bill or boost your refund with these moves

Pra-chid | Istock | Getty ImagesWith tax season well underway, you may be eager for strategies to reduce your 2024 taxes or boost your...

Finance

Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say

Valentinrussanov | E+ | Getty ImagesAs the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season.But skipping your federal filing...

Finance

The average IRS tax refund is more than 32% lower this season, early filing data shows. Here’s why

The average tax refund is 10.4% lower than last year according to the latest Internal Revenue Service data, and inflation is taking more of...

Finance

This tax break for lower-income retirement savers is a ‘well-kept secret,’ expert says

Westend61 | Westend61 | Getty ImagesThere's a lesser-known tax break for low- to moderate-income Americans who save for retirement. However, most eligible taxpayers don't...

Finance

Here’s how IRS layoffs could impact your tax filing and refund this season

Vithun Khamsong | Moment | Getty ImagesThousands of IRS employees are expected to lose their jobs as Elon Musk's Department of Government Efficiency, or...

Finance

The IRS has issued 3.2 million tax refunds this year. Here’s the average payment

Hispanolistic | E+ | Getty ImagesTax season has kicked off, and the IRS has issued roughly 3.2 million refunds this year as of Jan....

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