The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.

Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who ...

The IRS added this requirement midyear as part of the Inflation Reduction Act of 2021. One of the most talked about changes for tax year 2022 is the new reporting requirement for third-party ...

Will There Be Child Tax Credit Payments in 2022? In addition to increasing the credit amount and authoring monthly advance payments, Congress made other changes to the 2021 child tax credit ...

Unfortunately, the changes are only temporary. They only apply to the 2021 tax year. For 2022, the old rules apply once again. Profit and prosper with the best of expert advice on investing ...