The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

American seniors are heavily reliant on Social Security to make ends meet. Six in 10 retirees said their benefits are a major ...

Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.

If your return has been selected for audit, it is essential that you understand your rights prior to any in-person review or meeting with the IRS agent.

The Senate Committee on Finance has unveiled its amendments to the One Big Beautiful Bill Act, which was approved by the House of Representatives in May. It includes a proposal to "terminate" the IRS ...

Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

One of the biggest concerns about early retirement is how to afford healthcare without an employer-sponsored plan. It’s a valid worry, health insurance in the U.S. isn’t cheap, and medical costs can ...

The second-quarter estimated tax deadline for 2025 is June 16, and making a payment could help you avoid “falling behind” on ...

The IRS allows you to claim deductions that reduce the amount of tax you owe. ... You can only deduct unreimbursed medical expenses that exceed 7.5% of your adjusted gross income (AGI).

Betterment's financial planning director discusses AI's role in retirement planning and why investors should 'think like an ...

Under the current law, taxpayers can claim the electric vehicle tax credit if they meet specific income and purchase ...