Ask the Editor, October 31: Modified Adjusted Gross Income

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the meaning of modified adjusted gross income, or MAGI ...
Investopedia

Small Business Employee Gifts: Tax Rules and Other Considerations

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. David Kindness is a Certified Public Accountant (CPA) and an expert ...

Year-end tax tips: What to do now to save on next year’s filing

The clock is ticking on year-end tax planning. Here are some steps to take now to lower your tax bill before filing next ...
Soy Nómada on MSN

Tips to Achieve a $0 Federal Tax Bill on Your Next IRS Return

Use OBBBA deductions (overtime, senior) & max credits ($2,200 Child Tax Credit) to hit $0 federal tax. Advanced investors use depreciation/tax loss harvesting.

Foreign Trusts : How Structure Can Prevent A Million-Dollar Penalty

A Canadian trust for U.S. heirs led to nearly $1M in IRS penalties for missed forms. Cross-border governance frameworks can ...