Used electric car and PHEV buyers can currently get up to a $4,000 tax credit, but the Trump administration's plans may change thatA 2020 Toyota Prius Prime Plug-In HybridBy Keith BarryBuyers of ...

Tax season opened on January 27, meaning taxpayers can now file and pay their tax returns with the Internal Revenue Service.

Taxpayers who are paying interest on their student loans need to be aware of how to file their returns for 2024 correctly so ...

A cheat sheet on contributing to, withdrawing from and converting 401(k)s, traditional IRAs, Roth IRAs and other funds.

Retirement account withdrawals and earnings from a job may not be the only taxable income you have, either. The federal ...

Now that 2024 has come to a close, investors are starting to think about 2025’s investments. However, to get a clear picture of how your investment strategy might play out, you need to know the ...

The GOP leadership in the House has proposed eliminating two education tax credits to save the government $85 billion over 10 ...

The IRS gets copies of all the 1099s and W-2s you receive. This includes the 1099-R (reporting payouts from retirement plans, ...

Adjustment Amount (IRMAA) is an additional charge that high-income Medicare beneficiaries must pay on top of their Medicare ...

With tax season right around the corner, it is necessary to know our income and expenses and how they affect our tax return.

In 2025, the IRS increased several key tax credits, providing taxpayers with greater opportunities to save. Whether you’re a ...

Medicare beneficiaries with income over a designated amount are required to pay a monthly fee in addition to their Medicare ...