Income-tax
Latest
-
Don’t Let the 'Widow's Penalty' Blindside You: How to Prepare
If one spouse passes away, the surviving spouse could pay nearly double the amount of income taxes. Are you planning for this?
By Joe F. Schmitz Jr., CFP®, ChFC® Published
-
Saver's Credit: Who Qualifies for This Retirement Tax Break?
Tax Breaks If your income isn't too high, the Saver's Credit can help lower your tax bill if you contribute to a retirement account.
By David Muhlbaum Last updated
Tax Breaks -
From Chatbots to Audits: How the IRS Will Use AI This Tax Season
IRS The IRS has plans to increase its use of AI. Here’s how the agency will do it and what it could mean for taxpayers.
By Katelyn Washington Published
IRS -
California Taxes Were Due But There’s a New Deadline Extension
Tax Deadlines Californians have a last-minute tax deadline extension due to a new IRS announcement.
By Kelley R. Taylor Last updated
Tax Deadlines -
Six Tax Deadlines for October 2023
Tax Deadlines You might know about the federal tax return extension deadline, but did you know about these other Oct. 16 tax deadlines?
By Katelyn Washington Last updated
Tax Deadlines -
Is Unemployment Taxable? A State-by-State Guide
State Tax The federal government taxes unemployment benefits. But is unemployment taxable in your state?
By Katelyn Washington Published
State Tax -
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 -
How Much Will You Save Under the Arkansas Tax Cut Bill?
State Tax Another Arkansas tax cut bill means more tax cuts, but how much money will you save with the new changes?
By Katelyn Washington Published
State Tax -
Places With More Time To Pay Estimated Taxes
Tax Deadlines Estimated tax payments are due soon — April 15 in most cases. But many people have more time to pay the IRS due to natural disasters. Are you one of them?
By Kelley R. Taylor Last updated
Tax Deadlines