The wisdom of undertaking Roth conversions is highly dependent on the particular household circumstances. Roth conversions do not avoid taxes, they accelerate taxes. Conversions pay off when the tax ...

IRS software compares these tax forms to your return, and it can be "flagged for audit" when there's a mismatch, explained Elizabeth Young, director of tax practice and ethics for the American ...

The majority of adults 73 and older who have to take required minimum distributions (RMDs) -- mandatory annual withdrawals ...

The Tax Cuts and Jobs Act signed in 2018 is set to expire at the end of 2025, which means that unless Congress acts again, we’ll be taking home a lot less income in 2026.

Much of the debate so far has been on the tax rates themselves, but there are also other ideas for ways to offer residents a ...

Representative Andy Biggs (R-AZ) explains when taxpayers can expect to feel the effect of DOGE’s spending cuts. Rep. Biggs ...

Electrek spoke with Cox Automotive about rising consumer interest and strong EV sales numbers even as key federal policies remain in flux.

The Oklahoma Legislature now has its FY 2026 projections after the Board of Equalization approved appropriation percentages ...

Tax expert Turon Kendrick shares essential advice, emphasizing the importance of early but complete filing, ensuring all tax ...

A trade expert claims that Trump’s current tariff plan “reflects a fundamental misunderstanding of how the global economy ...

Going without insurance hurt all low-income Americans. But studies suggest the drop in Black Americans’ coverage under Trump’s plan outpaced that of white Americans. The rate of uninsured Black ...

A new plan signed by President Donald Trump is ushering in more uncertainty surrounding tariffs, and the potential impact on ...