How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts each year once you reach age 73? IRS rules require that you take withdrawals ...

Eligible Kentuckians can potentially save money in 2025 this tax season by submitting their documents through the IRS' Free File program.

Listen to a short summary Read by Dana G. Your browser does not support the audio element.Taxes are due on Tuesday, April 15, ...

Estimated taxes are due quarterly, usually on the 15th day of April, June, September and January of the following year. One ...

Until your needs for the next chapter of transition or retirement are put on paper, there is likely fear about the unknown.

I realize that when I need to start taking my RMDs, I will be pulling out more than $100,000 a year, which will significantly boost me into a higher tax bracket. The remaining $1 million or so of ...

Attach Supporting Schedules Make sure all appropriate schedules and worksheets are attached to the ... Use Form 740-V to ...

If you're as impatient as we are, you'll want to know how soon your tax refund check will hit your bank account. Here's how ...

That cap is increasing to the first $176,100 of your income in tax year 2025. More help: Take the Social Security retirement earnings test When you contribute to Social Security, the money doesn't ...

For example: Among the nine states that still tax Social Security benefits, West Virginia has an annual cost of living that is only $33,786, which is nearly half that of the most expensive state ...

We all have hobbies-skills and passions that we might not consider a job. But with the right strategy, you can turn the activities you enjoy into a lucrative side-hustle, whether that's to supplement ...