A Roth IRA is a versatile retirement account that offers unique benefits, especially for those aiming to maximize tax-free ...

It doesn't take a high income to land in a high tax bracket. A single adult earning $48,000 finds themselves paying 22% on ...

Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.

Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

Southeast Texas was hit hard by two major disasters in 2024: the derecho storm in May and Hurricane Beryl in July. If you ...

The standard deduction allows salaried individuals to deduct a fixed amount from their gross salary, lowering taxable income.

In nine states, income isn’t taxed — allowing residents to hold onto more of their hard-earned dollars. For retirees, this means that pension payouts, retirement account withdrawals and Social ...

This year, with the new Direct Tax Code set to be unveiled in the upcoming Union Budget, there is a unique opportunity to ...

If you're getting ready to file your 2024 taxes, having some helpful tips can make the process smoother. Tax season is around the corner and taxpayers can submit their returns starting Jan. 27. Most ...

The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...

As Budget 2025 nears, experts anticipate a possible hike in the standard deduction for salaried individuals and pensioners, ...

All of us at CS CPA Group wish you a happy New Year. With the turning of the calendar, this gives us the opportunity to ...