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Tag: Government taxation and revenue

Demand for Roth IRA conversions may increase — even without tax...

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dowell | Moment | Getty ImagesBefore the election, some advisors increased Roth individual retirement account conversions for clients amid the threat of higher...

Here’s what a Trump presidency could mean for your taxes

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Republican presidential nominee and former U.S. President Donald Trump holds a rally in Saginaw, Michigan, U.S., October 3, 2024. Democratic presidential nominee U.S....

You could face the ‘survivor’s penalty’ after a spouse dies —...

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Andrew Bret Wallis | The Image Bank | Getty ImagesAfter a spouse dies, some retirees face a costly surprise — higher taxes.Couples, however,...

The next U.S. president could face a tax battle in 2025...

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This combination of pictures created on October 25, 2024 shows US Vice-President and Democratic Presidential candidate Kamala Harris in Houston, Texas on October...

Health savings accounts offer investors ‘unmatched’ tax benefits, expert says. Here’s...

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Fg Trade | E+ | Getty ImagesHealth savings accounts have become popular workplace perks with significant tax-advantaged investment opportunities — but many Americans...

Taxpayers in 25 states get extra time to file, but not...

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About 19 million U.S. taxpayers requested an extension to file back in April, according to the IRS, giving them an extra six months...