Navigating the complexities of Required Minimum Distributions (RMDs) is crucial for IRA account holders aged 73 and above.

Navigating the complexities of Required Minimum Distributions (RMDs) and lottery winnings can be daunting. Both have significant tax implications that can impact your financial planning.

Tax expenditures stand in sharp contrast to a neutral tax system — one that taxes income and consumption consistently and ...

Tax-exempt hospitals provided nearly $149 billion in total benefits to their communities in 2022 alone (the most recent year ...

The tax break for tipped workers, worth up to $25K in 2025, sounds straightforward but doesn't apply to all tips or all jobs and occupations.

Right now, you can get a 30% tax credit (up to $4,000) on a used EV. That means buying a low-mileage 2024 Nissan Ariya ...

Recent IRS data highlights a stark divide in tax payments, revealing a progressive system where the wealthiest pay the most.

Official IRS data reveals a stark divide in tax payments. But do the numbers tell the whole story of financial pressure for ...

Social Security benefits can be subject to federal taxation depending on your total income, and they can bump you into a ...

This system ensures that those with higher incomes contribute more, while protecting lower-income retirees from excessive tax burdens. The IRS may tax up to 85% of Social Security benefits for ...

Sure, we're in back-to-school season, but tax pros already are speculating about the potential for a delayed start for the 2026 tax season. The buzz began building after Billy Long, the new IRS ...

When will the IRS begin accepting tax returns? It's a popular question that readers search for online as the calendar year comes closer to an end. We're talking about more than one change in tax rules ...