While some lawmakers have openly considered the idea, GOP leaders have sought to tone down the rhetoric to avoid losing support from key factions of the party.

As you map out your retirement, it is important to take advantage of tax-free growth made possible by Roth conversions.

The 2025 tax season is in full swing, and IRS data is beginning to paint a clearer picture of how business owners are faring.

A new report shows tax refunds are larger in 2025—but fewer people are receiving them. Geography, income, and tax policy all play a role in how much money Americans get back from the IRS.

In the lead-up to the federal election on April 28, we’ve heard many proposals from party leaders that will directly affect ...

The idea of raising taxes on rich Americans has caught the Republican Party between its populist ambitions and low-tax ...

My wife is currently working and has a traditional IRA with approximately $350,000 to $400,000. She is almost 65 but not ...

Your tax bracket might be 24% but your effective rate is lower.

If you mistakenly file as head of household when you don't qualify, you may owe the IRS money back if you're caught. You also ...

Required minimum distributions (RMDs) are the minimum amounts you must withdraw from your accounts annually. Typically, ...

Though all received income tax reductions, working-class Americans received substantially higher tax rate cuts than the wealthy under Trump.

The president’s private comments weren’t seen as full-throated support, but they could change the course of his party’s ...