Tag: Individual Tax

As a way to help fund college or show their patriotism, savings bonds are purchased by many Americans. Series EE savings bonds, which replaced Series E bonds, were first issued

Getting a divorce certainly entails difficult personal issues, so taxes are probably the farthest thing from your mind when you’re in the middle of one. However, there are several tax

The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned about federal estate tax. Before 2011, a

If you’re a philanthropic individual who has to take required minimum distributions (RMDs) from your traditional IRA, there’s a tax-saving strategy you may want to consider. It involves making a

Buckle up, America: Significant tax provisions are on the horizon. This shift is driven by recent tax laws and the upcoming elections. Our Current Situation The Tax Cuts and Jobs

Employees, self-employed individuals, and employers all pay Social Security tax, which can increase annually. However, many people don’t completely understand the Social Security tax they are paying. If You’re An

Do you invest in mutual funds or want to put some money into them? If so, you’re part of a large group. According to the Investment Company Institute, 116 million

Are you an older taxpayer who owns a house that has appreciated greatly? And at the same time, you may need income. Luckily for you, there could be a solution

There are many rewards when caring for an elderly relative. They may include feeling needed, making a difference in the person’s life, and allowing the person to receive quality care.

If you donate valuable items to charity and you want to deduct them as deductions your taxes, you may be required to get an appraisal. The IRS requires donors and