There are currently 41 states and Washington, D.C. that do not tax Social Security benefits. The remaining nine states that ...

A qualified charitable distribution is a direct transfer from your pretax IRA to a qualified charity. Instead of withdrawing ...

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

A long list of other tax breaks, including the child tax credit, the American Opportunity Credit and the adoption credit, are ...

If you’re a high-income earner or someone with a diverse investment portfolio, there’s a little-known tax that can have a ...

Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...

Imagine you’re lining up a row of dominoes. One tap — and suddenly, the whole line starts falling. That’s exactly how taxes ...

Most states don’t tax Social Security, but rules vary in the 9 that do. Get up-to-date exemptions, thresholds and new ...

There are currently 41 states and Washington, D.C. that do not tax Social Security benefits. The remaining nine states that do are: Colorado, Connecticut, Minnesota, Montana, New Mexico, Rhode Island, ...

President Donald Trump’s new tax bill cuts the income tax liability for many Americans. Altogether, roughly 40% of U.S.

The 2024 summary prepared by Deloitte Tax LLP shows Pritzker and his wife, MK, made $10.7 million, including $4.2 million ...