Having your tax records and other vital documents is important for claiming casualty loss deductions that can help with ...

Including a Roth IRA in your estate plan has clear tax advantages, which can be passed along to your heirs for years to come.

As of January 1, 2025, 10 states changed their income tax codes. Nine of those states reduced their tax rates, and one no ...

Tax Cuts and Jobs Act expired on Dec. 31, 2024. Data show the cuts hurt Black Americans and worsened income inequality.

Since distributions will be required upon Mortimer’s death (although only the Roth account would enjoy tax free distributions and carry a different rule), the traditional IRA and the annuity IRA will ...

Over the years, Free File has helped millions of taxpayers, providing a fast and simple way to file their returns." ...

The Internal Revenue System will begin accepting tax returns from qualifying taxpayers starting on Friday through its Free File program.

Tax season is almost here. If you receive Social Security benefits, you'll need your benefit statement to find out if you ...

Retirement planning is critical if you want to enjoy your later years instead of worrying about money all the time. Unfortunately, many people aren’t realistic about retirement and are at risk of ...

The free tax filing service is available to those with an Adjusted Gross Income (AGI) of $84,000 or less in 2024.

CivicSpace asked what Chicagoland residents from all political affiliations need to survive and thrive financially. Here's ...

We have new details on the shooting death of a southern Kentucky man at the hands of London police.