Disposable income your take-home pay after taxes. It can be used to pay essentials, as well as any nonessentials, such as ...

In 2021, the IRS announced an enforcement campaign targeting high-income U.S. citizens who were purportedly claiming tax ...

Range explains how tax alpha strategies can add 1%-1.5% to investors' annual after-tax returns without increasing risk.

The ‘seven-year rule’ has long been a cornerstone of IHT planning, allowing gifts made more than seven years before death to fall outside an estate for tax purposes. Speculation had grown that the new ...

The dilemma is that taking action to avoid one tax (on earnings above $3 million) might trigger another one (capital gains ...

The tax bill released by House Republicans on Monday calls for escalating taxes on investment income at the nation’s ...

Northeast taxpayers continue to shoulder some of the highest state and local tax burdens in the nation, according to a new ...

Many individuals, wanting to liberate their wallets from taxes, have moved to states like Washington, Nevada, Texas, Florida and other states ...

Accordingly, the primary intent of penalties is to encourage compliance with tax law, not to increase overall government ...

Investing in high-yielding dividend stocks with a Stocks and Shares ISA makes it possible to secure a tax-free second income.

Under the proposal, the senior bonus would allow older adults to deduct an additional $4,000 on their taxes. The deduction is ...

The Nuveen S&P 500 Buy-Write Income Fund (BXMX) offers a consistent high yield (8.3%) and maintains value over time, making ...