As you approach retirement, it’s important to consider how required minimum distributions (RMDs) from your IRA or 401(k) ...

The deadline for federal workers to accept OPM's buyout offer was on Feb. 6, but terms of resignation are different for IRS ...

Tax season has officially opened. Starting Monday, tax returns could be filed for 2024 income. This year the Internal Revenue ...

ATBS has compiled a list of tax updates for owner-operators to consider when filing their 2024 taxes. Also: FMCSA extends regional fuel emergency, more.

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy ...

This information was last updated January 24, 2025. For the most up-to-date information, to learn more about Direct File, to set up an account, or to check your eligibility, visit directfile.irs.gov.

If the thought of an audit has ever given you chills, knowing the facts about them might help take the edge off. Thomas is a native of upstate New York and a graduate of the University at Albany.

Certain tax-advantaged retirement plans don ... to start removing money from your account in the form of required minimum distributions (RMDs). Now for some people, RMDs aren't a problem.

Q. Dan, I’m 75 and still working so I have not had to take required minimum distributions (RMD) from my 401(k) at work. However, I think it’s time to step away. I know when I retire, I will be ...

Your exact RMD will depend on your age and account balance. Not taking your full withdrawal could result in a hefty penalty. One of the biggest perks of investing in a tax-advantaged retirement ...

WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding the “External Revenue Service” that President Donald Trump has ...