Key Takeaways - If You Deposit a Lot of Cash, Does Your Bank Report It to the Government? Depositing $10,000 or more in cash means your bank or credit union will report it to the federal government.

The law applies to all businesses and must be reported on IRS Form 8300. The identity of both parties and the nature of the transaction must be disclosed. Individuals who fail to file can be ...

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act of 2017 (TCJA) may have gotten a reprieve. The sweeping tax legislation is ...

Unlike Roth IRAs, there are no income limits on Roth 401 (k)s. You can contribute to the account no matter how much you earn.

Though death and taxes may be certain, investors should always seek legal ways to minimize their tax liability. Lower taxes mean higher net investment returns and higher disposable income.

Tax season officially kicked off on Jan. 27, so it's time to start preparing. While you have until April 15 to file taxes, waiting until the last minute probably isn't the best idea. Find Out: 7 ...

US President Donald Trump said on Friday that there would be an announcement later in the week about reciprocal tariffs on all countries that tax imports from the US, but he did not specify which ...

The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.

A step-by-step guide to help you fill out a W-4 Nora Carol Photography / Getty Images You're about to begin that much-needed, new job and your employer hands you an IRS Form W-4 to fill out and ...

The Election Commission of Pakistan has made arrangements to inform the public about their votes and polling stations through the 8300 SMS service starting from Monday. According to the commission's ...

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...