Between the Social Security "senior bonus" phaseout and changes to Roth tax rules, your 2026 retirement plan may need an ...
For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...
Navigating the U.S. tax system can be daunting, especially when it comes to understanding the benefits available to you. One ...
Millions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Saver’s Credit can reduce federal taxes by up to 50 percent. Income limits expand in 2025. Eligible workers ...
Navigating the U.S. tax system can be daunting, but understanding available credits can significantly impact your refund.
Most people dream of spending their retirement savings on relaxing, enriching and gratifying activities. Few, if any, dream of using their retirement savings to pay unnecessary taxes. Yet those who ...
The newly issued Revenue Ruling 2025-15 clarifies income tax withholding and reporting rules for uncashed retirement plan checks. Generally, adjustments or refunds of income tax withheld on a ...