Featured Articles & Tax Tips Blog

But is it a good idea to pay off debt — or just an easy way to drain savings? From Moneywise — By Christy Bieber — What if you had the flexibility to choose how to use your 401(k) match? One company has just started allowing it. The Internal Revenue Service (IRS)...

From USA Today – By Medora Lee –   Americans will be able to sock away more in their workplace retirement plans, before taxes, in 2025, with 'super catch-up' contributions allowed for those aged 60-63 also increased. The IRS said on Friday, Dec. 1, that it...

From ZD Net – By Lance Whitney – Turning off your phone regularly is one of the NSA's top cybersecurity recommendations. Here's why and what else to know. Your pricey smartphone can be hit by many security threats, from phishing to malware to spyware. All it takes is...

From Business Insider– By Filip De Mott – JPMorgan CEO Jamie Dimon has put forth a solution to unrestrained US debt: Tax the rich at the same rate as middle-class people, or at a higher rate. The bank executive told "PBS News Hour" in August that the country could...

From The Wall Street Journal – By Richard Rubin – WASHINGTON—Taxes could go up, down or completely sideways next year, depending on which political party controls which parts of the government after the too-close-to-call November elections. With the House, Senate and...

From Social Security to IRAs and investments, with smart tax planning, retirees can have some control over how much of their income they'll get to keep. From Kiplinger – By Rick Barnett –   Retirement isn’t the end but rather a new beginning. A time to enjoy the...

From Forbes– By the Forbes Technology Council – As consumers, we’ve likely run across cautionary tales and product ads focused on identity theft in a variety of media, from television commercials to podcasts and online news sources to local radio. It’s not surprising...

From Fortune – By Jane Thier – It’s good to be young. Even better if you have rich parents. But they’ve got to act quickly: If Democratic nominee Kamala Harris is elected in November—which many polls predict will happen—ultra-wealthy parents will have a much harder...

From Smart Asset – By Mark Henricks –  Converting a 401(k) to a Roth IRA can potentially provide valuable long-term benefits, but it also triggers a tax bill that you’ll need to plan for. While the taxes on a Roth conversion can’t be avoided, savers can reduce the...

From CNBC – By Greg Iacurci –  Travelers, be warned: The federal government may revoke your passport if you ignore a big tax bill. Such punishments have become more frequent in recent years, experts said. Federal law requires the IRS and Treasury Department to notify...

From Marketplace – By Kimberly Adams –  Many provisions of the 2017 tax law are set to expire at the end of 2025. Advocates are already attempting to convince Congress to extend or make permanent key provisions, even as concerns about the growing budget deficit make...