If you have a child or grandchild in college — congratulations! To help pay for the expenses, many parents and grandparents saved for...

Now that fall is officially here, it’s a good time to start taking steps that may lower your tax bill for this year and next. One of the...

As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to be concerned with federal...

You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions about whether...

If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This...

When you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so...

When you take withdrawals from your traditional IRA, you probably know that they’re taxable. But there may be a penalty tax on early...

Many people wonder how they can save taxes by transferring assets into their children’s names. This tax strategy is called income...

If you’ve recently begun receiving disability income, you may wonder how it’s taxed. The answer is: It depends. The key issue is: Who...

Are you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several tax concerns need to...

As a result of the current estate tax exemption amount ($12.06 million in 2022), many people no longer need to be concerned with federal...

The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to review the rules for...

Many people own Series E and Series EE bonds that were bought many years ago. They may rarely look at them or think about them except on...

Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible for tax...

The IRS recently released guidance providing the 2023 inflation-adjusted amounts for Health Savings Accounts (HSAs). High inflation rates...

In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing...

The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been successfully filed with the IRS,...

If you’re an investor in mutual funds or you’re interested in putting some money into them, you’re not alone. According to the Investment...