Earn a Side Income? Here"s What You Need to Know About Filing Taxes

The IRS has received 126.7 million returns through early May, around 1% fewer than the same point last year......»»

Though jobless benefits count as taxable income, one part of the sprawling law says the first $10,200 of those benefits are exempt from federal income taxes for households making under $150,000......»»

Though jobless benefits count as taxable income, one part of the sprawling law says the first $10,200 of those benefits are exempt from federal income taxes for households making under $150,000......»»

As of Feb. 19, only 8 full days into the 2021 filing season, the IRS received 34.69 million individual returns......»»

The Trump administration will push the income tax filing date to July 15 from April 15, Treasury Secretary Steven Mnuchin said Fr.....»»

Side hustles can help you earn extra income, but watch for the expenses......»»

After taxes, the loss is expected to cut down on Ford’s net income by $1.7 billion, the company says in a filing Wednesday......»»

10'000 Hours/Getty Images I'm self-employed, so I pay my taxes quarterly. To ensure I have enough money, I set aside 30-40% of my income in a high-yield savings account. I use CIT Bank, where I earn 1.80% on my savings.  It make.....»»

AP/Brennan Linsley If you're a gig worker, the IRS is expecting you to pay federal income taxes on any dollar you earned above $400 throughout 2019. The IRS classifies g.....»»

Say goodbye to mere tax prep and hello to tax planning. The Tax Cuts and Jobs Act took effect in 2018 and disrupted the way Americans file their taxes, plan their charitable giving and decide whether to head for income tax-free states......»»

Just ahead of the filing deadline for 2018 federal and state income taxes, the IRS published its roundup of 2016 income and taxes. Americans reported more than $10 trillion in income and paid about........»»

Not all Americans need to file a federal tax return. Those who don’t earn enough in income aren’.....»»

As the majority of New Yorkers just experienced, tax filing and preparation is a rocky road to navigate. But for Airbnb hosts it can be especially tricky. Between sales, lodging and income taxes at... To view the full story, click the title link......»»

Today is tax day. If you fail to file your federal income taxes today, you could be hit with penalties and interest if you still owe money to the IRS......»»

Airbnb Buying a rental property is a good way to earn passive income and build wealth. Some American real estate investors prefer to keep their portfolio local, but you can also earn money as a landlord if buy rental property abroad......»»

Earn some extra cash this summer with these side hustles......»»

A draft copy of the new 1040 income tax form shows it's the size of a postcard, but it does not necessarily shrink the workload for many Americans filling out their taxes......»»

A draft copy of the new 1040 income tax form shows it's the size of a postcard, but it does not necessarily shrink the workload for many Americans filling out their taxes......»»

Source: How Much   The Social Security Administration (SSA) tracks net income numbers after taxes through the Average Wage Index (AWI). We broke the AWI into a three-part hierarchy of $5K increme.....»»

There are certain tax benefits, and liabilities, associated with doing work on the side......»»