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Tax Tips for National Preparedness Month
Disaster Preparedness National Preparedness Month is here. These tips can help you protect and secure important tax documents and information — before a disaster happens.
How tax laws can help you if you're a victim of a hurricane, wildfire or other federally declared disaster
Kiplinger Tax Letter Did you know that some losses — attributable to federally declared disasters — can be deducted, in addition to the tax filing and payment extensions?
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 updatedLottery 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 PublishedKiplinger 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 updatedSavings 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 updatedTax 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
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 updatedTax 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 updatedTax 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 PublishedIRS 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 updatedTax Deadlines