Homeowners can deduct the interest paid on a HELOC from their federal income taxes as long as they use the funds for home ...

Money likes certainty, and right now there's ambiguity ahead. In 2017, the Trump Administration passed one of the largest tax ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

The Tax Cuts and Jobs Act (TCJA), passed in 2017, created a golden opportunity for families to preserve and maximize the ...

Around 3.4 million New Yorkers may be eligible to use the state's free Direct File program this year as it will cover more ...

Watch out for capital gains payouts. Mutual funds typically distribute capital gains in December, and by November, fund ...

During his 2024 presidential campaign, President-elect Donald Trump suggested that he is considering instituting a policy of ...