Your guide to Medicare premiums and taxes
Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your […]
Retirement, Taxes
Taxes
Taxes
Senior tax-saving alert: Make charitable donations from your IRA
If you’ve reached age 70½, you can make cash donations directly from your IRA to IRS-approved charities. These qualified charitable
Retirement, Taxes
How inflation will affect your 2024 and 2025 tax bills
Inflation can have a significant impact on federal tax breaks. While recent inflation has come down since its peak in
Taxes
Get tax breaks for energy-saving purchases this year because they may disappear
The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. You may want
Investment, Taxes
Unlocking the mystery of taxes on employer-issued nonqualified stock options
Unlocking the mystery of taxes on employer-issued non-qualified stock options Employee stock options remain a potentially valuable asset for employees
Taxes
The nanny tax: What household employers need to know
The nanny tax: What household employers need to know Hiring household help, whether you employ a nanny, housekeeper or gardener,
Business, Taxes
You don’t have to be in business to deduct certain vehicle expenses
You don’t have to be in business to deduct certain vehicle expenses When you think about tax deductions for vehicle-related
Taxes
Maximize your year-end giving with gifts that offer tax benefits
As the end of the year approaches, many people start to think about their finances and tax strategies. One effective
Business, Taxes
Is your money-losing activity a hobby or a business?
Let’s say you have an unincorporated sideline activity that you consider a business. Perhaps you offer photography services, create custom
College Costs, Taxes
Unlock your child’s potential by investing in a 529 plan
If you have a child or grandchild planning to attend college, you’ve probably heard about qualified tuition programs, also known