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Taxes are due on April 15, and many who already filed their taxes have been refunded, on average, $100 more than last year.
Taxpayers calling the IRS for help processing their taxes this filing season may find it harder than normal to get someone on ...
My wife is currently working and has a traditional IRA with approximately $350,000 to $400,000. She is almost 65 but not ...
For many Americans, having a plan to leave money for their loved ones is a priority. According to a recent Empower survey, 40% of Americans say that leaving an inheritance for their children is ...
Simply put, a 401 (k) is an employer-sponsored retirement savings plan in which employees contribute a portion of their compensation on a tax-deferred basis.
Immediate annuities and deferred annuities are two types of financial products that allow individuals to save or begin retirement or other long-term goals. In return, the insurance company agrees to ...
For a Roth conversion, he wants to move investments at a low that has the best chance for big appreciation. For a regular withdrawal, like for an RMD, he wants to use a short-term bond or other asset ...
The IRS issues most refunds in fewer than 21 days if you filed your tax return electronically and signed up for direct deposit. That means most people should receive their refunds by mid-May, even if ...
The government currently collects revenue in an arbitrary and distortionary manner, with loopholes that benefit special ...
Melanie Krause is taking the government’s deferred resignation offer after the tax and immigration enforcement agencies ...
"We wish Melanie well on her next endeavor," a Treasury spokesperson told BI. The IRS is set to soon undergo further ...
The IRS has agreed to share immigrants' tax data with ICE for to help authorities identify and deport undocumented immigrants.