Reaves Utility Income Trust provides investors exposure to a pool of mostly utility investments. Read why UTG CEF remains a ...

As tax season approaches, many taxpayers are concerned about the potential for an IRS audit. Certain income and deduction ...

On January 30, 2025, the Internal Revenue Service (IRS) published six top tips to make filing a 2024 tax return easier. The IRS explained these tips are also available on IRS.gov on the “Let us Help ...

Discover why the IRS recommends electronic filing and direct deposit for tax refunds. Learn how e-filing can save you time, ...

The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...

Weddings and homeownership are two major goals for many couples, but affording both takes years of careful saving and ...

What can you tell me about the IRS income tax filing requirements for retirees this tax season? My earned income stopped when ...

The wisdom of undertaking Roth conversions is highly dependent on the particular household circumstances. Roth conversions do not avoid taxes, they accelerate taxes. Conversions pay off when the tax ...

The Texas Senate has proposed injecting a staggering half a billion dollars into film production, as economists and fiscal ...

Dear Savvy Senior, What can you tell me about the IRS income tax filing requirements for retirees this tax season? My earned ...

Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing deadlines, industry updates, trivia, and more.

IRS software compares these tax forms to your return, and it can be "flagged for audit" when there's a mismatch, explained ...