Last updated: 2026-01-29 18:37:32 ET
People can’t contribute money to the tax-advantaged investment accounts for children until July, but they can start the process of opening one now
In an interview with CBS News, Treasury Secretary Scott Bessent defended the DOJ investigation into Fed Chair Jerome Powell, saying, "I think that the message is that independence does not mean no accountability." He also addressed the new Trump Acco...
An audit from a government watchdog alerted the IRS of the mistake and the agency took steps to credit the tax accounts affected by the oversight.
Investors are spooked by an order on a 2018 stake sale and fear it could open up old transactions to tax scrutiny.
Just steps away from the California-Nevada border along the scenic Lake Tahoe, billionaires that once called the Golden State home, are buying up mass...
Why choosing the right business structure matters in tax season
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
Tax season is underway as the IRS is now accepting and processing returns for 2025. This year there are several new credits and deductions available. CBS News business analyst Jill Schlesinger explains.
Municipal debt issuance surpassed $500 billion last year, a record that’s found a deep pool of buyers.
Why gold and silver continue to rocket higher, debunking tax filing myths
