These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

To enroll, troops should visit fsafeds.gov, select “Qualifying Life Event” from the “enroll” drop down menu, then choose the ...

Stealing a page from President Donald Trump's campaign playbook, New York Republicans are calling for the elimination of ...

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

The Backdoor Roth IRA is a valuable retirement savings tool for high-income earners looking to maximize tax-free retirement ...

According to new analysis by the Penn Wharton Budget Model, high-income seniors stand to gain up to $100,000 in remaining ...

An income tax rate of over 100 percent would be hard for anyone to sustain. At a rate a smidge over 100 percent, our deepest pockets might be able to get ...

Once you establish a retirement account, such as an IRA or 401(k), you want to maintain your balances and obtain tax-free ...

No one enjoys tax time, but if you're a senior, it can be especially difficult. Not only are you living off a fixed income, ...

Raising children is expensive. At least when it comes to taxes, kids can help reduce the amount you owe Uncle Sam. Here are six child-related tax credits parents may be able to take advantage of ...

There’s a reason workers are often encouraged to house their retirement savings in a Roth IRA or 401(k). Not only do Roth ...

Operators' 11% January hold was down slightly from last January's 11.4%, but the win rate reached double digits for the ...