Tag: Individual Tax

The 2023 tax filing deadline is April 15 this year. However, if you need more time, you can file for an extension. The extension gives you until October 15 to

The tax filing deadline, April 15 is quickly approaching. However, if you aren’t ready to file, that’s okay. Sometimes, it’s difficult to gather all your tax information by the deadline.

If you have a retirement account that gets special tax treatment, like a traditional IRA, you’ll have to start following rules for withdrawals after reaching a certain age. This is

Are you thinking about buying a vacation home by the beach, a cozy lakefront cottage, or ski chalet? Maybe you’re fortunate enough to already own a vacation home! Either way,

Contrary to common belief, Social Security benefits aren’t always exempt from federal income tax. Surprisingly, a significant portion of these benefits can be subject to taxation, potentially reaching up to

Unemployment has recently been holding steady at 3.7%. However, there are still some people losing their jobs — particularly in technology and media related industries. Taxes are most likely the

Since college is so expensive, many parents begin saving for their children’s education with 529 plans when they’re babies. However, 529 contributions aren’t tax deductible, but they grow each year

If you’re gathering documents for your 2023 taxes and worry that you might owe more than you would like, there’s still a chance to reduce it. If you’re eligible, you

If you made large gifts to your children, grandchildren, or others last year, it’s important to find out if you’re required to file a 2023 gift tax return. It might

A tax filing status must be chosen when you file your tax return. The selected status is then used to determine a number of things, including your standard deduction, tax