One Simple Shift That Could Save You Thousands This Tax SeasonPicture this: It's February, and you're staring at your W-2.

The tax proposal shows 82% of Marylanders would have no tax change or a cut. This means 2/3 of Marylanders would see a cut by virtue of doubling the standard state tax deduction. Low-income families ...

According to the IRS, an audit is simply a review of your accounts "to ensure information is reported correctly according to ...

Use our crypto tax calculator for the 2024-2025 tax season ... them as an investment or like you would cash. Generally, the IRS taxes cryptocurrency like property and investments, not currency.

If you're one of the growing number of independent contractors, retirement planning can sometimes seem daunting given the lack of access to a traditional workplace benefits like a 401(k). Fortunately, ...

As you approach retirement, it’s important to consider how required minimum distributions (RMDs) from your IRA or 401(k) ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and ...

If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...