New IRS rule could cost you big if you inherit an IRA. Find out what you need to know to avoid costly penalties starting in ...

Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.

Retirees receiving pension payments will also have to pay ordinary income tax. How much you'll owe depends in part on the tax ...

XFLT and EIC are high-yielding, leveraged CEFs focused on CLOs, offering double-digit yields, but these can come with higher ...

Depending on your age and other factors, you might face a penalty if you tap into your IRA early. Find out when early ...

The IRS gets copies of all the 1099s and W-2s you receive. This includes the 1099-R (reporting payouts from retirement plans, ...

Social Security plays a big role in your retirement planning -- but you shouldn't bank on it. Here's what to do instead.

Last year, over 100 million Americans received tax refunds. With tax season underway, here’s when you can expect yours to ...

Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...