IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

If you're eagerly awaiting your tax refund to spend it, you might want to think about other options. It's important to ...

Most U.S. taxpayers expect a refund this year, and many plan to put it toward necessities. But a handful say they'll put it all in savings, where rates are currently high.

The tax-free savings account (TFSA) is an excellent savings tool for Canadians to earn interest without paying a share of it to the government. While TFSAs can hold all sorts of investments ...

Savvy retirees tap retirement accounts with a tax plan. Each type of account may have different tax rules and rates, so know ...

If you accidentally contribute too much to your TFSA – which can easily happen if you rely on the CRA’s data – you will face ...

There are rumours Rachel Reeves could be considering cutting tax benefits for the cash ISA scheme - but there are ...

Thousands of people with savings accounts are set to be hit with a shock tax bill from HMRC after a delay on sending out ...

UK savers have been urged to check HMRC rules, as a ‘significant’ portion will soon face tax bills due to rising interest ...

Savers are more than forty times more likely to be liable to pay tax on their savings than they were just three years ago, ...

I believe I am being asked to pay £1,300 in taxes on interest I can't yet access. Do I owe this money and what are the rules?