A federal law created in 2017, called the Tax Cuts and Jobs Act, lowered federal income taxes in various ways. But most were ...

Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...

By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

Learn how exclusion ratios can optimize annuities by distinguishing tax-free returns from taxable income. Explore examples and their role in effective tax strategies.

Nine states levy a tax on Social Security benefits, down from last year. Is yours one? Here's what you need to know.

In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as ...

Tax Talk offers some last-minute income tax filing tips. Read these then act quickly as you only have a few business days ...

Retirement income is often taxable, but there are notable caveats for Social Security and Roth accounts. Many, or all, of the products featured on this page are from our advertising partners who ...

While tax season won't start for at least another month, and most taxpayers won't need to file their 2025 tax returns until ...