It’s easy to focus on the excitement of a big win. But federal tax law generally treats lottery prizes, gambling winnings and other awards as
- Individual Tax Alerts
It’s easy to focus on the excitement of a big win. But federal tax law generally treats lottery prizes, gambling winnings and other awards as
Last year, the new tax deduction for taxpayers 65 and older was sometimes referred to as “no tax on Social Security.” In actuality, this up-to-$6,000-per-individual
Home values have risen significantly in many areas of the country over the last several years, leaving some homeowners with substantial gains when they sell.
Many parents don’t know that the so-called “kiddie tax” exists. Others assume it affects only minor children. But it also can apply to full-time students
Whether you’re relocating for work, retirement, family or lifestyle reasons, state taxes can have a significant financial impact. Taxes vary widely from state to state.
Many taxpayers discover at filing time that their tax payments during the year didn’t align with their actual liability — either too much or too
Yes, the April 15 tax deadline is now behind us. But there are also deadlines during the rest of the year that are important to
With the April 15 tax filing deadline in the rearview mirror, you’re likely to turn your attention to other things. But before you do, it’s
If you don’t have everything ready to complete your 2025 federal individual income tax return by the April 15 deadline, you can request an automatic
Generally, each year you can contribute up to the annual limit to a traditional or Roth IRA (or a combination of the two). But once
Last year’s One Big Beautiful Bill Act (OBBBA) terminated several clean energy tax incentives earlier than previously scheduled. But if you bought an electric vehicle
You know your 2025 federal income tax return is due April 15, 2026. But do you know what else has an April 15 deadline? If