Tag: Government taxation and revenue
Demand for Roth IRA conversions may increase — even without tax...
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
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 —...
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...
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...
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...
About 19 million U.S. taxpayers requested an extension to file back in April, according to the IRS, giving them an extra six months...