A long and active retirement may be costly — and may even bump you into a higher tax bracket. Paying some taxes on your ...

The House Ways and Means Committee approved a plan to make distributions of up to $29,200 a year from an Individual ...

tax-deferred and tax-free. The main advantage of deliberately designing a tax-diversified portfolio comes with increased flexibility when it comes time to draw down on savings in retirement.

There's no K-1 report or UBTI at tax time. Looking for a helping hand ... discounts/premiums can be a useful strategy, due to mean reversion. Since NAV/Share is calculated at the end of each ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software ...

The money you contribute to your account is generally pretax, meaning it can lower your taxable income and reduce your overall tax bill. As the money grows in your IRA, it's "tax-deferred ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer ...

By Tara Siegel Bernard It’s a tax season unlike any other: As millions of Americans dutifully file their returns, the Trump administration is calling for the abolition of the Internal Revenue ...

Last week, the Trump administration started laying off about 6,700 I.R.S. employees, many if not most of whom are directly involved in collecting unpaid taxes. Every year, the government receives ...