With tax season in full swing, you may be consolidating the various charitable donation receipts, deductions and W-2 forms that you’ll submit to the Internal Revenue Service. But if you received any ...

In the latest push to solve its multimillion-dollar budget shortfall for 2026, Kane County is considering using earned interest to close the gap. At a meeting on Wednesday, Kane County Board Finance ...

With tax season in full swing, you may be consolidating the various charitable donation receipts, deductions and W-2 forms that you’ll submit to the Internal Revenue Service. But if you received any ...

Interest rates on high-yield savings accounts were through the roof for much of 2024. They helped depositors earn rich returns, but now it’s time to pay the IRS their share. The IRS classifies earned ...

If you have a certificate of deposit, don't forget your CD earnings when you're preparing your tax return. The government expects its cut, so you'll need to report any interest you've earned over the ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a high-yield savings account in 2024, you need to report it when you file your ...