The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything you need to know before filing your taxes.

According to a 2024 Bankrate survey, 36% of US adults earn extra income through a side hustle. And with the growth of ...

You may be required to pay taxes on a portion of your Social Security benefits. Here's what you can expect to pay.

The U.S. tax code didn’t get to be 74,000 pages long without getting a little confusing. But don’t throw up your hands just ...

Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, ...

In Connecticut, the deadline to file state and federal tax returns is April 15. Here's how to file for free, and who's ...

Many investors don’t plan for future taxes when contributing to traditional IRAs. Here are the key things to know.

Michigan taxpayers hit by storms in August 2023 might have good reason now to amend those returns. How they might claim a personal casualty loss.

Planning your retirement? New Mexico offers significant tax breaks for seniors, including income exemptions and low property taxes. Get the latest on affordable living, health care and lifestyle in ...

State income tax savings (green) through 2031 based on an annual adjusted gross income of $90,000 of a married couple with one dependent. PC: Screenshot via taxcuthawaii.org ...