Income-tax
Latest
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President Biden Wants a Billionaire Minimum Tax
Wealth Taxes The debate over how much tax billionaires and millionaires should pay is heating up again.
By Kelley R. Taylor Last updated
Wealth Taxes -
IRS Issues Another Tax Warning for Wealthy, High Earners
Tax Enforcement Wealthy non-filers could pay more tax than they owe if the IRS files for them.
By Katelyn Washington Last updated
Tax Enforcement -
Seven Overlooked Tax Deductions for the Self-Employed
Tax Breaks If you've recently gone into business for yourself, don't miss these sometimes overlooked credits and tax deductions for the self-employed.
By Kevin McCormally Last updated
Tax Breaks -
The Many Definitions of Modified Adjusted Gross Income (MAGI)
Income Tax The definition of modified adjusted gross income differs depending on what the calculation is used for.
By Joy Taylor Last updated
Income Tax -
Does Your Child Need to File a Tax Return This Year?
Tax Filing Here’s how to tell if your child needs to file a tax return in 2024 and how it can impact your tax liability.
By Katelyn Washington Published
Tax Filing -
10 Most-Overlooked Tax Deductions and Credits
Tax Breaks Don’t miss these often overlooked tax deductions and credits when you file your tax return this year.
By Katelyn Washington Last updated
Tax Breaks -
How to Lower Your Tax Bill Next Year
Income Taxes Knowing how to lower your tax bill (pay less taxes) requires some strategizing. Here are some tax tips to help make it happen.
By Katelyn Washington Last updated
Income Taxes -
Will Retirees Stop Paying Tax on Social Security Next Year?
Social Security Lawmakers have proposed to eliminate taxes on Social Security benefits. Here’s what that could mean for you.
By Katelyn Washington Last updated
Social Security -
IRS Will Tax Your ‘Walz Check’ Minnesota Rebate: What to Know
State Rebates Minnesota Gov. Tim Walz used some choice words to describe the IRS decision to tax Minnesota rebate checks.
By Kelley R. Taylor Last updated
State Rebates