Taxes are an unavoidable part of life for most people. You could, however, get out of paying income tax if you're deemed ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Bankruptcy exemptions determine what property you can keep, so knowing these limits is crucial before you file.

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

The federal estate tax exemption for 2025 is set at $13.99 million per person. This exemption allows individuals to transfer a substantial portion of their estate to heirs without incurring federal ...

For most entrepreneurs, taxes are a regular part of running a business. However, certain types of organizations can qualify as tax-exempt, meaning they are not subject to federal income taxes.

RICHMOND, Va. (WRIC) — The Trump Administration has ended a long standing tax loophole, called the de minimis exemption, meaning shoppers looking to buy overseas could notice higher prices. Whether it ...