Latest
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No Tax for Donating Leave to Ukraine Victims
Tax Breaks Vacation, sick, or personal leave donated to help victims of the Russian invasion of Ukraine won't be treated as taxable income.
Tax Breaks -
Will U.S. Olympic Athletes Get Hit with a Tax Bill if They Win in Tokyo?
Tax Breaks Thanks to a law passed in 2016, our medal-winning athletes will have little to worry about from the IRS.
Tax Breaks -
How 13 Types of Retirement Income Get Taxed
retirement When you're planning for retirement, it's fun to contemplate all the travel and rounds of golf ahead of you, but don't forget about taxes.
retirement -
Millions of Americans Will Receive a Tax Refund Interest Check from the IRS
tax refunds Payments will go to people who filed their tax return by July 15 and received a refund in the past three months or are still waiting for a refund.
tax refunds -
The Stunning IRS Ruling That May Bankrupt Small Businesses That Took PPP Loans
small business loans The Paycheck Protection Program rolled out with great fanfare to help save small businesses during the coronavirus pandemic. But something the IRS just did could decimate much of that benefit.
small business loans -
Selling Your Stuff: The Tax Dimension
taxable income Thinking about clearing out your collectibles or selling off the antique furniture Grandma left you? Be careful, because the IRS may want a cut of your windfall.
taxable income -
Under the New Tax Law, Is My Alimony Tax-Free?
alimony The new policy goes into effect in 2019. Older divorces can be modified to follow the new rules—if both parties agree.
alimony -
How to Calculate the Tax Bill on Withdrawals from Variable Annuities
annuities Some or all of your withdrawals could be taxed, depending on how you made your initial investment and how you’re pulling money out.
annuities -
7 Smart Ways to Lower Your Taxable Income
taxable income Reducing your taxable income is one of the most effective ways to lower your taxes, with some moves doing double duty as both deductions themselves and as a means to slide under income thresholds at which other taxes would kick in.
taxable income
