The "One Big Beautiful Bill Act" (OBBBA) introduces significant changes that impact many taxpayers, particularly high earners.
A qualified charitable distribution is a direct transfer from your pretax IRA to a qualified charity. Instead of withdrawing ...
Charitable contributions are another way to help control income, advisers said. But the tax bill's new rules are changing the game. As a result, some of the richest taxpayers will hurry their ...
In your 70s, it's time to put your retirement plan into action. Here are some tips on how to maximize your success.
net income is the amount remaining post-deductions and taxes, often reflected on a paycheck stub as the take-home pay. Although net income and adjusted gross income (AGI) are related, they differ; NI ...
Since withdrawals from their Roth IRAs are off the table for now, the couple must choose how much to take from the remaining accounts. They decide to withdraw 60% from their 401 (k)s ($24,000) and 40% ...
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, ...
Connecticut officials’ efforts to invest state money in shrinking federal human service programs are encountering more legal ...
Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...
Most states don’t tax Social Security, but rules vary in the 9 that do. Get up-to-date exemptions, thresholds and new ...
Imagine you’re lining up a row of dominoes. One tap — and suddenly, the whole line starts falling. That’s exactly how taxes ...
How charitably inclined taxpayers can use donor-advised funds and other tax strategies to get ahead of the OBBBA's revised ...