taxes
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Powerball Jackpot Winner Will Get a Big Tax Bill
Lottery Taxes Whenever someone wins Powerball, the federal government gets a chunk of the prize from taxes.
By Kelley R. Taylor Last updated
Lottery Taxes -
How Long to Keep Tax Returns and Records? Kiplinger Tax Letter
Kiplinger Tax Letter The answer depends on what type of document and the kinds of transactions you engage in.
By Joy Taylor Published
Kiplinger Tax Letter -
Is High-Yield Savings Account Interest Taxable?
Savings Accounts Think a high-yield savings account is a good idea? Don’t forget that savings account interest is taxable.
By Katelyn Washington Last updated
Savings Accounts -
IRS Won’t Process New Employee Retention Credit (ERC) Tax Credit Claims in 2023
Tax Credits Due to an alarming amount of fraud, the IRS has stopped processing new ERC tax credit claims.
By Kelley R. Taylor Last updated
Tax Credits -
Remember: Retirement Accounts Are Not All Taxed the Same
How you handle your pre-tax and after-tax accounts can make a big difference in your income in retirement and the legacy you leave.
By Jerry Golden, Investment Adviser Representative Published
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How the New EV Tax Credit Works for 2023
Tax Credit The new EV federal tax credit of up to $7,500 can be complicated. Here's what you should know.
By Kelley R. Taylor Last updated
Tax Credit -
What's the 2023 Standard Deduction?
Tax Breaks Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
By Kelley R. Taylor Last updated
Tax Breaks -
IRS Promises Fewer Audits of Earned Income Tax Credit Claims
IRS Audits After years of auditing some taxpayers with lower incomes at higher rates, the IRS says it’s making a change.
By Kelley R. Taylor Published
IRS Audits -
Another New IRS Georgia Tax Deadline: What You Need to Know
Tax Deadlines Georgia has been granted several IRS tax deadline extensions — which date applies to you?
By Kelley R. Taylor Last updated
Tax Deadlines