Workers can reduce their tax bill by saving for retirement in tax-advantaged accounts. Traditional retirement accounts offer an immediate tax deduction, while Roth accounts provide tax-free income in ...

Taxation of Social Security benefits has been in the news lately, with the passage of a temporary tax deduction as part of the One, Big, Beautiful Bill Act. The bill includes a deduction of $6,000 for ...

From strategic charitable giving to well-timed Roth conversions to fully exploiting health savings accounts’ potential, ...

Discover smart giving tactics used by wealthy families to reduce tax liability while maximizing charitable impact Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior ...

When you retire, you might leave your job behind, but you still collect income. And if you collect income, the tax man cometh. Retirement budgets generally are smaller than working-years budgets in ...

Thanks to a patchwork of exemptions and assessment caps, long-term homeowners often pay significantly less than their newer neighbors—sometimes despite having nearly identical homes. These policies ...

Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Taxes can feel overwhelming, especially when it comes to tax brackets. In this article ...

There are numerous tax-reduction strategies, but perhaps none is as easy and accessible as saving for retirement. “Would you rather the IRS have your money or would you rather save for retirement?” ...