June 2020

IRS Commissioner Charles Rettig said on Tuesday his agency would work with Congress to examine all of the ways the tax code contributes to racial disparities in wealth."I am great supporter of inclusiveness, diversity, "said Rettig during…

Faith groups refusing to help survivors of institutional child sexual abuse could have their charitable status revoked and their funding withdrawn if they do not subscribe to the national recourse program.In a letter with strong terms,…

In the deadlock between the United States and four European countries over taxing tech companies based on the size of their presence in each country, Europe flashed first. France, UK, Spain and Italy have proposed limiting the scope of…

I just received Form 5498 in the mail from my IRA administrator, reporting my 2014 contribution to my IRA. What should I do with this form and why have I received it now?Take our quiz: are you saving enough for your retirement?Form 5498…

National protests following the filmed murder of George Floyd in police custody highlight disparities between the experiences of black Americans and white Americans that go beyond their treatment by law enforcement. Black taxpayers…

You may receive a tax form related to your Medicare coverage.Eligible Health Insurance Notice 1095-B should be kept for your records.This form contains important information but does not require any action on your part.It's early January…

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Note that the student loan situation has changed due to the impact of the coronavirus outbreak. Check out our Student Loans Hero Coronavirus Information Center for news and additional details. * * * If you…