In this week's Ask the Editor Q&A, Joy Taylor answers more questions about the use of qualified charitable distributions (QCDs) in end-of-year tax planning.

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

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

With the 2025 filing season behind us, the Treasury Inspector General for Tax Administration reports the IRS performed well, ...

Massachusetts has a flat tax rate of 5%. An additional 4% tax is levied on income over $1 million, making the highest tax rate in the state 9%.

Brex reports LLC owners can reduce taxable income through 16 deductible expenses. Proper tracking prevents missed deductions ...

The Department of State (DOS)’s monthly Visa Bulletin informs applicants of their “place in line” for an immigrant visa based on the person’s priority date. For family-based petitions, the priority ...

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 ...

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

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

TUSCALOOSA, Ala. — Thirteen years after he was the swaggering quarterback wearing No. 2 who came into Bryant-Denny Stadium with a target on his back, Johnny Manziel returned to the scene of his finest ...