Taxes

Does the tax on your year-end bonus check seem high? Here’s why

Does your year-end bonus look smaller than expected? Tax withholding is a likely culprit, but Uncle Sam may pay some…

Swiss bank Banque Pictet admits hiding $5.6 billion of Americans’ money from IRS

A major Swiss bank admitted to conspiring with U.S. taxpayers and others to hide over $5.6 billion from the Internal…

How a tax break of up to $3,200 can help heat your home more efficiently this winter

Winter is almost here, meaning the year’s coldest temperatures aren’t far off. But homeowners can take advantage of recently enacted…

Hunter Biden prosecutor tells House panel he is ‘the decision-maker on this case’

The federal prosecutor in the cases against Hunter Biden told the Republican-led House Judiciary Committee on Tuesday that “political considerations…

In trial testimony, Donald Trump Jr. says he doesn’t remember working on financial statements

Donald Trump Jr., the eldest son and co-defendant of former President Donald Trump, testified Wednesday that he did not remember…

Trump New York fraud trial ends first day with tax accountant testimony

An accountant who worked on the tax returns of Donald Trump testified Monday as the first witness at the former…

New IRS paperless system will help reduce deficit significantly over 10 years, Yellen says

WASHINGTON — Treasury Secretary Janet Yellen praised a new initiative by the IRS that she said will help reduce the…

$20 an hour, clothing stipend, meals: How a Big Four firm is trying to get teens interested in accounting

By her own admission, Autumn Kimborough, 17, didn’t have a passion for accounting. But the rising high school senior from…

ETFs can still compete in ‘stock picker’s’ market, investor says

Exchange-traded funds can still compete in today’s “stock picker’s” market, according to a top investor. “A lot of money is…

Trying to choose Pretax vs. Roth 401(k)? Why it’s trickier than you think, experts say

If you have a 401(k), one of the big questions is whether to make pretax or Roth contributions — and…