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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.
CalculatingCalculating tax if your income is subject to backup withholding ... the current flat rate set by the IRS is 28%. So, to calculate how much you can expect to have withheld, simply ...
Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...
Those who haven't paid on their debt for nine months or more now face the harsh realities of debt collection. Here's what to ...
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.