IRS is testing a free "Direct File" program. Here's what to know.
Some taxpayers will be able to test a prototype in 2024, possibly paving the way to a widespread free filing system, IRS said.
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Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
Some taxpayers will be able to test a prototype in 2024, possibly paving the way to a widespread free filing system, IRS said.
Some people who favor tighter restrictions on immigration argue that migrants can become a tax burden. Here's the reality.
Investors claimed the bank hadn't been honest about its progress in fixing its problems following scandal involving sham accounts.
Research shows that Black Americans face audit rates that are up to five times higher than those of other racial groups.
The billionaire said he will transition to executive chairman and chief technology officer of the social network.
Despite a "lifetime of caring and working for their families," millions of mothers are completely unprepared for retirement, one expert said.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
Santos allegedly claimed almost $25,000 in jobless aid while earning $120,000 annually, according to federal prosecutors.
Seniors and other recipients of the Social Security program may get a cost-of-living adjustment of 3.1% next year, one forecast says.
Ex-President Donald Trump's lawyers say he's unlikely to secure a bond for the nearly half-billion he needs for a civil case.
Grocery costs are rising at a slower pace, with some food items actually dipping.
Some users of the social media network decried the graphic images, describing the postings as "unethical" and "horrible."
One of the new king's most valuable assets is something intangible: an exemption from the U.K.'s inheritance tax.
The retirement program keeps millions of older Americans out of poverty. Big cuts could be in store if the program isn't shored up.
One passenger wrote that the bees "were not impressed" with one of the airline's attempts to get them to buzz off.