Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...

I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital ...

The Department for Work and Pensions (DWP) does not operate Pay As You Earn (PAYE) on your state pension, so you receive it gross without any income tax collected from the payments you receive. So, ...

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 ...

For someone who owes around £600, HMRC will usually let you choose how to pay, either settle it in one go or have it collected gradually through your tax code, meaning roughly £50 a month deducted ...

Nikki and her second husband, who live in the San Francisco Bay Area, are $300,000 in debt — and $120,000 of that is owed to ...

Nikki and her second husband, who live in the San Francisco Bay Area, are $300,000 in debt — and $120,000 of that is owed to the IRS. While they’ve set up a payment plan, the IRS has already sent ...

It is always best to deal honestly with the IRS and use the legal processes available to properly attempt to settle with the ...

Licensed Los Angeles cannabis shops owe about $400 million in back taxes as they struggle with illegal operations. Some are refusing to pay.

I recently organized and spoke at a funeral. As a minister, that’s a common part of the job. It’s expected and usually ...

The surplus will be returned to taxpayers through a credit on their 2025 state personal income tax returns filed in 2026.

This unique policy can be an ideal option for those looking to leave a legacy, support their heirs, or manage estate taxes. When planning your estate, it’s important to understand how taxes may affect ...