Tag: Taxes
How to maximize Trump’s bigger SALT deduction limit for 2025
Greg Hinsdale | The Image Bank | Getty ImagesIf you live in a high-tax state, you could see...
I have a job and run a small business. Using ChatGPT to do my taxes would save me $6K on fees. But can I...
ChatGPT and other generative AI chatbots are being used for almost everything these days, from writing...
How Trump’s ‘big beautiful bill’ impacts your Giving Tuesday tax break
Yellow Dog Productions | The Image Bank | Getty ImagesIf you plan to donate money on Giving Tuesday,...
The $1K ‘Trump Account’ for your child, which could grow to 6 figures. Here’s a strategy to keep it tax-free
If you’re having a baby between 2025 and 2028, your bundle of joy could come home...
Student loans and year-end tax planning — what borrowers need to know
Alistair Berg | Digitalvision | Getty ImagesRecent legislation and policy changes under the Trump administration have upended federal student loans....
IRS releases guidance for Trump’s tips, overtime deductions
Ugur Karakoc | E+ | Getty ImagesAs tax season approaches, the IRS has released guidance for workers who...
Some face a ‘survivor’s penalty’ after a spouse dies — how to avoid it
D-keine | E+ | Getty ImagesLosing a spouse can be devastating, and survivors often face a costly surprise...
Roth conversions could trigger a ‘tax torpedo’ under Trump’s new law
Kathrin Ziegler | Digitalvision | Getty ImagesRoth individual retirement account conversions are a popular strategy to reduce pretax...
401(k) contribution limits 2026: IRS increases savings cap
Maskot | Digitalvision | Getty ImagesThe IRS has announced new 401(k) contribution limits for 2026.In its release on Thursday, the...
IRS announces Roth IRA income limits for 2026
Millions of Americans live abroad and still have to pay taxes in the U.S.Kseniya Ovchinnikova | Moment |...
2026 IRA contribution limits: IRS raises savings cap
Olga Pankova | Moment | Getty ImagesThe IRS has unveiled the individual retirement account contribution limits for 2026.In its release...
401(k) catch-up contribution limits 2026: IRS update
Peter Cade | Getty ImagesThe IRS has announced new 401(k) catch-up contribution limits for 2026.In its release on...