Visit the IRS: Or, go to the source: Visit the IRS website to find additional information on RMDs, such as what they are, the types of retirement plans that require RMDs, the timeline for taking ...

Look at your Form 1040 and divide the total tax, which is the number found on line 24, by the taxable income figure found on ...

Don’t assume Social Security withholding is enough. Some retirement income may require a quarterly estimated tax payment by ...

The Michigan expanded Earned Income Tax Credit benefits are becoming dependent on federal EITC benefits, which differ ...

Ready to mail your third-quarter estimated tax payment? Mailing addresses for some Forms 1040-ES have changed.

If your income exceeds $34,000, up to 85% of your benefits could be taxed.

Estimated tax payments are taxes due to the IRS throughout the year to account for earnings that are not subject to federal ...

Nearly two-thirds of states now have an Earned Income Tax Credit (EITC). Momentum continues to build on these credits that ...

Excitement is building after Powerball jackpot struck $1.8 billion — second largest prize money in US history ahead of ...

Are there tax benefits to hiring your teenager? When you run your own business and have kids, you may start to wonder about whether it’s tax-smart to hire your teenager or not. While giving your ...

Many Australians support the government’s plans to change the way large super balances are taxed. Yet key aspects of the ...

Here are the seven steps to set up and manage payroll for your business: First, you need an employer identification number, ...