Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

The IRS issued an important warning in April of 2025, alerting Americans to the fact that around $1 billion in refunds remain ...

That rate will be applied to any supplemental wages, such as bonuses, up to $1 million during the tax year. If your bonus ...

Achieve explains how understanding your DTI can give you an important edge when you’re looking for a home equity loan or ...

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses.

Social Security benefits were tax-free, but changes now mean retirees with higher incomes may face taxes on their benefits.

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

If the current budget reconciliation bill becomes law, the free IRS program could be terminated. I've grown pretty dependent ...

The new tax bill would impact foundations and nonprofits — and charity advocates are scrambling to limit the damage.

Deciding between DIY and hiring a pro for tax relief? Here's how to choose the right option for your situation.

Roth IRAs do not reduce current-year taxes, but distributions (after five years) are tax-free. Traditional IRAs, on the other hand, do reduce current-year taxes—“but you have to pay them back later,” ...

If you’re a millionaire, congratulations, you have made it, and you should only be thinking about what to do with all of your ...