IRS updates life expectancy tables that determine RMDs

If you've been saving for retirement, then you likely are as jazzed as I am about a provision...

Will the IRS be ready for the 2021 tax season?

2020, a year that many of us would just as soon forget, will end in just more than...

Nov. 3 ballot initiatives/ Taxes

In addition to selecting who gets to go to, or stay in, Washington, D.C., voters across the country...

Standard & itemized tax deductions for 2021

Tax year in and tax year out, most folks claim the standard deduction instead of itemizing. The option...

Work from home pros, cons and home office tax tip

Not that calendars matter so much anymore to many of us — including me — who are still coronavirus quarantining....

Higher earners face more payroll taxes in 2021 as Social Security wage base goes to $142,800

The Social Security Administration (SSA) just gave retirees and other recipients of the program's payments some good news...