Peter Burgess, CEO of the SMSF Association, told ifa sister publication SMSF Adviser following the introduction of the newly ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...

If you’re over age 73, your first stop for withdrawals is those accounts that carry required minimum distributions, or RMDs, ...

While millions of tax filers are expecting a bump in their tax refund amount this year, millions more will owe back taxes. You can avoid taxes owed sticker-shock by using tax estimators to calculate ...

SmartAsset reports Trump's 2025 tax plan maintains existing capital gains tax rates while introducing the Trump Account for children's savings. Withdrawals are taxed as ordinary income.

Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and examples illustrating its principles.

How much will my tax refund be? According to the IRS, the average refund amount for 2025 stood at $3,186, 3.2% higher than 2024's average tax refund of $3,088. BankRate notes the lowest return amount ...

HOUSTON – If your home value keeps climbing but your paycheck doesn’t, you’re not alone. A lot of Houston-area homeowners are opening their property tax bills and thinking the same thing. How am I ...

The MarketWatch News Department was not involved in the creation of this content. To get a new tax break included in the One Big Beautiful Bill Act, some seniors need to lower their taxable income.

Income tax is a government-levied tax on income generated by individuals and businesses. Taxes are used to fund public services, government obligations, and infrastructure like schools and roads.

For profitable business owners, the biggest tax risks are mis-timing and misfit. Strategies like S Corps and PTET aren’t hard to find; what’s hard is knowing, early enough, whether they actually apply ...