The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving ...
You could owe Social Security taxes on up to 85% of your benefits, depending on your income and marital status. The “big, beautiful bill” didn't eliminate Social Security benefit taxes. It did ...
Americans who are 65 and older got a hefty new tax break under the massive tax bill that President Donald Trump signed into law on July 4: A new bonus deduction that’s worth as much as $6,000 per ...
Tax relief is an avenue to explore if you owe more money in taxes than you can reasonably shoulder. One good way to reduce the likelihood of being strapped with a large tax debt you can’t pay is to ...
In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...
Columnist Sam Brownell summarize eight critical parts of the tax law that dealers need to plan for to maximize and protect.
"Individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the 'half' portion of 'time-and-a-half' compensation," the IRS said. The ...
"Individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the 'half' portion of 'time-and-a-half' compensation," the IRS said. The ...
With housing costs making up a major chunk of most people’s budgets, it’s natural to look for ways to get some of that money back at tax time. So is rent a tax deduction you can take advantage of?
The One Big Beautiful Bill (OBBB) has been making the rounds in the news, and one part in particular has caught retirees' attention — so‑called "tax‑free Social Security." Before you plan how to spend ...
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