The Latest Breaking News from IRS

"The Estate works with them to ensure that they are very well taken care of, just as Michael would have wanted," the singer's estate said in a statement. The post “Get A Job”: Michael Jackson’s Kids Can’t Get Money From His Estate Due To IRS Dispute first appeared on Bored…

If you’re in your highest-earning years, you can make up for lost time.

Michael Jackson’s three children and his mother have been blocked from receiving funds from the late singer’s trust until a hefty tax bill has been settled.

IRS Direct File pilot program was first rolled out this year. Now it will be a permanent option for taxpayers looking to file their returns online for free.

Taxpayers were so happy with Direct File that the IRS has unveiled plans for a US-wide rollout.

A look at how to assess and sell collectibles that you keep, including jewelry, coins, sports memorabilia and more.

Concerned about RMDs? Worried about outliving your retirement savings? A qualified longevity annuity contract defers some RMDs and guarantees lifetime income.

Ensuring that younger generations don’t waste the wealth you’ve worked so hard to build starts with careful estate and tax planning.

When you inherit an IRA, you likely have a lot of questions. Do you need to take RMDs? When? How long do you have before the account must be cleaned out?

Wealthy individuals, large corporations and partnerships are all audit targets, thanks in large part to the IRS's multi-billion dollar windfall.

Consider these strategies to avoid overpaying taxes on your hard-earned money. Your family will thank you for it. (And you’ll thank yourself.)