The Uniform Transfers to Minors Act (UTMA) is an act that allows a minor to receive gifts such as money, real estate, and fine art without aid.

Health insurance is expected to spike as those subsidies expire at year’s end. This comes as Illinois is launching its own ...

Otherwise, income brackets are "moving up for 2026, with a bigger bump for the lowest brackets because of this year’s new tax ...

A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...

Tax evasion isn’t just something that happens in financial scandals or celebrity headlines — it’s a serious offense that leads to steep fines, audits and even jail time. But what is tax evasion ...

If you’re a high-income earner or someone with a diverse investment portfolio, there’s a little-known tax that can have a ...

Roth conversions are one of the most powerful financial planning tools available. While they’re not right for everyone, for many investors, a Roth conversion can unlock huge tax savings. There are ...

President Donald Trump on Monday threatened to raise tariffs on countries that have a digital services tax, accusing such nations of discriminating against major U.S. tech firms by trying to collect a ...

While not all governments impose a wheel tax, those that do may base them on factors such as a vehicle's weight or wheel ...