Latest articles by Kelley R. Taylor
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Inherited an IRA? Four Things Every Beneficiary Should Know
Inherited IRA Inherited IRA distribution rules have changed in ways that can significantly impact your taxes and tax strategy.
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Retirees Face Significant Tax Bills Due to Fraud
Fraud A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings.
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IRS Delays IRA RMD Rules Again
Inherited IRAs The IRS is delaying certain required minimum distribution rules. Here’s what the latest change means for some inherited IRA beneficiaries.
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Tax Day: Is the Post Office Open Late?
Tax Filing Tax Day means some people need to mail their federal income tax returns.
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A Little-Known Tax-Free Way To Help Pay Your Student Loan
Student Debt Employers can provide valuable assistance with employee student loan repayments.
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Are Big California Tax Changes Coming Soon?
State Tax A controversial ballot initiative could restrict future taxes and tax hikes in the Golden State.
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A Bunch of IRS Tax Deductions and Credits You Need to Know
Tax Breaks Lowering your taxable income is the key to paying less to the IRS. Several federal tax credits and deductions can help.
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When Are Estimated Tax Payments Due in 2024?
Tax Deadlines You make estimated tax payments to the IRS if you are self-employed or don’t have taxes withheld from your income for other reasons.
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$1.32B Powerball Jackpot Winner Will Get a Hefty Tax Bill
Lottery Taxes Whenever someone wins Powerball, the federal government gets a chunk of the prize from taxes.
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What Time is the Powerball Drawing?
Lottery After the Powerball jackpot soared to $1.326 billion, everyone was looking for the winning numbers.
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IRS Warning: Beware of Smishing and 'Helper' Tax Scams
Scams Tax season is a time to look out for email and text message scams.
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Inflation Reduction Act Tax Credits: What You Should Know
Tax Breaks The Inflation Reduction Act increases IRS funding, changes tax policy, and offers new and expanded tax credits.
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Required Minimum Distributions (RMDs): Key Points to Know
RMDs Here are some basics to know about RMDs and how these distributions can impact your taxes.
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The Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
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States With the Highest Powerball Taxes
Lottery Taxes These states will take the biggest tax bite out of your Powerball payout.
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Is Your First RMD Due April 1?
RMDs April Fool's Day is an important RMD deadline for some older adults and retirees.
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What's Happening With the Employee Retention Credit and the IRS?
Tax Credits Due to fraud, the ERC has received much attention lately from the IRS and Congress.
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California Tax Deadline Extension 2024: What You Need to Know
Tax Deadlines Some Californians had more time to file federal and state tax returns because of natural disasters.
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The Wash Sale Rule: Six Things You Need to Know
Wash Sale Rule The wash sale rule is important when you are selling and rebuying stocks to offset losses.
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Should You Let the IRS Do Your Taxes?
Tax Filing The new IRS Direct File program is now open to more taxpayers.
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What Would a Government Shutdown Do to the IRS?
IRS With a government shutdown looming, some wonder how IRS operations will be affected.
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These States Won’t Tax Your Mega Millions Winnings
Lottery Taxes If you win the Mega Millions lottery jackpot, will your state tax your payout?
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Calculating Taxes on Social Security Benefits
Social Security The federal government can tax up to 85% of your Social Security benefits, so it's good to know how those taxes are calculated.
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States That Won’t Tax Your Powerball Winnings
Lottery Taxes Some states won’t take a tax bite out of your Powerball jackpot or Mega Millions payout.
Lottery Taxes
