The U.S. tax code didn’t get to be 74,000 pages long without getting a little confusing. But don’t throw up your hands just ...

Social Security recipients will be happy to hear that most states do not tax benefits. Below are the 41 states (along with Washington, D.C.) that currently do not: Missouri, Nebraska, and Kansas are ...

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a traditional IRA instead and then convert it to a Roth. While you can only ...

Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, ...

You may be required to pay taxes on a portion of your Social Security benefits. Here's what you can expect to pay.

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

The child tax credit (CTC) is a partially refundable tax break claimed by millions of Americans each year to help offset the costs of raising a child. Most parents with children under the age of 17 ...

Many investors don’t plan for future taxes when contributing to traditional IRAs. Here are the key things to know.

According to Malvern-based financial firm Vanguard, “tax-loss harvesting is when you sell investments at a loss and use those losses to offset gains in other investments. You then take the money from ...