The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax ...
Contributions from friends, family members, and others will be capped annually at $5,000. Employers can contribute up to ...
According to the Internal Revenue Service, parents can elect to fill out the one page form 4547 – a nod, according to The Hill, to Trump being the 45 th and 47 th president – to set up their account.
Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to ...
Tiffany Wendeln Connors was a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate ...
The IRS is moving ahead with plans to make more information and services available to taxpayers. The latest move? The agency has announced the launch of the second phase of an online self-service tool ...
The IRS Direct File system, a government-run tool that let some Americans file their federal taxes directly and for free, won ...