A $30,000 mistake. When paying the IRS, a California taxpayer wrote the correct amount of $3,360 on the numerical value box ...

The Social Security Administration circulated an imprecise email about the provisions in the new law. Here’s what it actually does.

Many retirees are surprised to learn that their Social Security benefits can be subject to federal income tax. The IRS ...

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

ULTY offers extremely high yield via aggressive, actively managed covered call strategies. Learn more about ULTY ETF and my ...

The end of the federal EV tax credit could impact your finances and the future of electric vehicle adoption. Here's why ...

For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

The 'One Big Beautiful Bill' (OBBB) is a cornerstone of President Donald Trump's domestic agenda. This legislative proposal aims to consolidate various tax cuts, including the permanence of the 2017 ...

Your marital status as of Dec. 31 of the year you marry determines your tax filing options for the entire year.