Property taxes are a primary source of revenue for many local governments.

In accordance with the U.S. tax system, most individuals take the pay-as-you-earn (PAYE) approach.

There are five categories of tax information you must collect to successfully file your tax return.

One of the main talking points of the Inflation Reduction Act is its impact on incentivizing people to buy an electric vehicle (EV).

Be careful with multiple RMDs! Know the basic aggregation rules below.

Most of the income you earn through work or investments is subject to federal income tax and, in some cases, to state taxes, as well.

On October 26, 2020, the Internal Revenue Service published the 2021 tax rates, allowances, and thresholds applicable for the tax law provisions that are adjusted annually for inflation.

Due to the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, certain actions must be taken by August 31, 2020, regarding qualified retirement plans. If you have taken a 2020 RMD, sponsor an employee plan, or made a 2019 IRA contribution, be sure to read this article.

Property taxes are a major source of income for the city, county, and state governments, and other entities such as school districts. Knowing more about these taxes may help you to lower yours.

If you are over the age of 70-1/2, there is a way to reduce your taxable income, and therefore the taxes you pay, by taking advantage of the Qualified Charitable Distribution (QCD) from an IRA account.