More Headlines on Taxes

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Smart withdrawals can reduce taxes, extend your nest egg in retirement

Waiting to take Social Security and tapping into the right assets can pay off

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Mutual fund transactions that result in unanticipated share sales — and an unwelcome tax surprise

You can wind up paying taxes on gains earned by the fund before you were even a shareholder

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I contributed too much to my IRA and Roth IRA — what now?

Fix this early. It gets worse the long you wait

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What to know about paying taxes on mutual fund gains — especially this year

You can wind up owing taxes even if your mutual fund shares decline in value.

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4 strategies to minimize taxes in retirement

Will your RMDs be higher than your living expenses in retirement? Do something about it now

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401(k) red flags a small-business owner should see — before the IRS does

Auditors at both the IRS and DOL look at thousands of Form 5500s each year.

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I want to split my Roth IRA between several family members when I die. What’s the best way to do it?

There are two common ways to proceed

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About 156 people have at least $25 million in their Roth IRAs — each

‘Mega-IRAs’ are under scrutiny

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My dad died without taking his RMD for 2021. What’s the deadline for me to take it?

Read the fine print of the 10-year rule

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How to minimize taxes on your investments | How to Invest: Ep. 9

Understanding how Uncle Sam taxes your investment gains is the first step to making sure those taxes stay as low as possible. Here's what you need to know.

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This lucrative tax credit pays business owners who hire eligible veterans, teens and other workers

The Work Opportunity Tax Credit can help businesses address their hiring woes.

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I cover most of my parent’s expenses — what tax breaks am I eligible for?

If your mom or dad is your dependent, you’re potentially entitled to some meaningful tax breaks, including a $500 credit.

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Worried about a hike in capital-gains taxes?

3 tips for a tax-smart portfolio

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IRS to send out 4 million refunds this week to people who overpaid taxes on unemployment benefits

About 13 million Americans in all will receive tax refunds because of a provision in the American Rescue Plan related to unemployment insurance income.

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How to invest without paying taxes | How to Invest: Ep 8

Generally, the government taxes your investments, but in certain types of accounts taxes can be bypassed - or significantly reduced. Here's what to know about tax-advantaged accounts and how they can work for you.

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14 U.S. states now give the rich this big tax break — and the only loser is Uncle Sam

More states may allow some high-income business owners to get around the $10,000 limit on federal deductions for state and local taxes.

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Watch out — too much tax deferral can backfire on small business owners

Even though 2020 is over, you can still defer taxable income for that year if you’ve not yet sent in your return.

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IRS audits fell in 2020 — with one big exception

Internal Revenue Service audit numbers dropped again in 2020, continuing a downward trend that’s been occurring for years --- except for one group of taxpayers.

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The difference between a vacation home and a rental property — and what it means for your taxes

The IRS wants to know how much time you spend at that old family cabin at the lake.

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Should I roll my Roth 401(k) into a Roth IRA?

There are many rules, don't get them mixed up.