Be INformed

The IRS released the 2026 Dirty Dozen list of tax scams, highlighting the most dangerous tax scams taxpayers should watch for.

During the 2025 tax filing season, the IRS issued more than 93.5 million tax refunds to individual tax filers, and 93% of those, almost 87 million refunds, were issued through direct deposit.

In 2025, you can deduct charitable contributions only if you itemize deductions on your federal income tax return. Beginning in tax year 2026, An above-the-line charitable deduction has been reinstated for taxpayers who claim the standard deduction.

Workers in up to 68 occupations can reduce their tax cost by using the tip deduction.

Contribution limits and the mandatory Roth catch-up income threshold are adjusted for inflation on a periodic basis.

For the 2025 tax year, seniors, age 65 and older, can take advantage of a new $6,000 tax deduction. The new deduction will be available through 2028.

Here are five specific tax provisions to pay close attention to: Qualified business income deduction(QBI) If you run a sole...

New legislation includes multiple tax provisions that will make permanent most of the 2017 Tax Cuts and Jobs Act (TCJA) tax provisions that were set to expire this year, while adding some new deductions and changes.

All investing involves risk, including the possible loss of principal, and there is no guarantee that any investment strategy will be successful

Borrowers with defaulted federal student loans are expected to be referred to a federal debt collection service and may be subject to wage garnishment.