Social Security beneficiaries may face taxes if they have additional income sources or due to the COLA increase. Here's how to determine if you're affected.

One of the most important retirement planning decisions you'll make in your golden years is when to apply for Social Security ...

is your adjusted gross income (AGI). Step 4: Decide if you’ll take the standard or itemized deductions Once you’ve calculated your AGI, the final step is to subtract either the standard ...

Understand the difference between AGI and MAGI, crucial for tax deductions, credits, and eligibility. Learn more.

On the state level, though, the rules are different. A total of 41 states don't tax benefits, but nine do. If you live in one ...

As tax season picks up steam and you are looking at tax year 2024 in your financial rearview mirror, you could save money on ...

A Catholic liberal arts college in Chicopee has launched a new program to offer full tuition to eligible Massachusetts ...

Some free tax services already available can prepare your taxes now and submit them once the IRS starts accepting returns.

A tax refund is money returned to you by the US Treasury if you overpaid your state or federal taxes during the previous year ...

With 2024 tax documents set to arrive soon, it is a great idea to consider how your income, deductions and other tax-related ...

Penalty-free retirement distributions, casualty loss deductions and delayed tax filing and payments can all provide some ...

For many years, I’ve been feeling like the lone voice in the wilderness shouting about the evil of taxing Social Security.