When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s ...

Over the last few years, with interest rates as high as they were, cash has served many investors well who have been fearful ...

Mayor Brandon Johnson has begun asking aldermen if they would support a corporate head tax if it applied only to companies with 200 or more workers, sources say.

The House of Representatives is expected to vote Wednesday on a Senate-passed funding bill aimed at ending the government ...

Cincinnati Public Schools are asking parents to speak up on how the district should spend their tax dollars. It comes as the ...

The Trump administration says the Free File program offered through commercial tax preparation companies is a more effective ...

Speaker Mike Johnson will likely need nearly perfect attendance from Republicans to get the measure over the finish line.

Self-employed directors and investors, including pensioners, who get an income from company shares would be hit if the ...

FICA dates back to 1935, the same year the U.S. established the Social Security program. In 1965, FICA was expanded to ...

Trump warned Tuesday that unwinding tariffs could cost the government trillions of dollars. It was both an indication of the ...

The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.

You could owe far more in taxes on your retirement income than you think. Learn how you could avoid costly mistakes.