Loving your partner might be reason enough to get married – but there are also a number of financial upsides to becoming a ...
TPC estimates that only 2 percent of households would receive a tax cut if gratuities were free from federal income tax.
Seniors who move into nursing homes or other types of assisted-living centers are eligible for tax deductions based on ...
Any investment expert will tell you that ... Like qualified opportunity funds, there are tax benefits meant to incentivize investments in these communities. In this case, it is a tax credit ...
Rep. Jefferson Van Drew, R-N.J., has introduced legislation, The Social Security Tax Freedom Act, that would remove the ...
if any, you had withheld from your benefits for federal and state income taxes, which you also report on your tax return. Most states tax unemployment benefits, too, although there are a few ...
Opinions expressed by Forbes Contributors are their own. Tom Hager – “Mister Social Security” – offers expert advice from Ohio. As we approach April 15, let’s discuss the federal ...
Participating individuals gain valuable tax advantages ... There are many reasons why investors and retirement savers rely on their 401(k) plans. Let's take a look at the benefits and advantages ...
Anna Frank / Getty Images When you retire, your income usually flows from two possible sources: Social Security benefits, and distributions ... a few different sources of income, and there are ways to ...
This week, legally married same-sex couples scored a victory when the U.S. Supreme Court struck down as unconstitutional Section 3 of the Defense of Marriage Act (DOMA), which defined marriage as ...
If your combined income is under $25,000 (single) or $32,000 (joint filing), there ... taxes on your Social Security benefits, you should include the taxable portion of any lump-sum payment ...
“There are also substantial estate tax benefits to being married if you have amassed a large financial estate,” said Matthew Grisham, principal and wealth adviser at Gebhardt Group. That ...