Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...

If you sell stocks at a profit, you will owe taxes on those gains. Depending on how long you’ve owned the stock, you may owe at your regular income tax rate or at the capital gains rate, which is ...

In an attempt to balance the budget and close the “tax gap,” Congress, the Obama administration and the IRS are on a mission to intimidate Americans into reporting ALL their income and accounting, ...

Despite noteworthy gains in the U.S. labor market, 2022 has been fraught with economic uncertainty. Everything from high inflation to steep stock market declines, including recent lows for the S&P 500 ...