Gifting to your grandchildren can help position them for financial success. It simultaneously reduces the size of your estate and taxes at your time of death. This allows you to pass down your values ...

People don't understand the importance of tipping, despite the fact that a third of Canadians have worked a service job ...

Several impactful tax changes are already in force for 2025 under the One Big Beautiful Bill. Here's what taxpayers need to ...

The lawsuit challenges a recently passed Colorado law that will continue taxing overtime pay at the state level.

With lawmakers out of Washington for a five-week summer recess, a field hearing in a swing state gave G.O.P. lawmakers a ...

Many companies are still “running the numbers” to determine how Trump’s budget will effect their bottom line, but it ushers ...

If Congress does nothing, Social Security recipients may see a 24% cut in annual benefits in 2033, a new analysis shows.

On July 4, 2025, H.R.1, or what is being called the One Big Beautiful Bill Act (“OBBBA”), was signed into law, introducing major reforms in tax ...

In this week's Ask the Editor Q&A, we answer tax questions from readers on four new tax deductions in the "One Big Beautiful ...

In a couple of months, tipped employees will be able to deduct a portion or all of their tips from federal income taxes. Here ...

On July 4, 2025, President Donald Trump signed the “One Big Beautiful Bill” into law. Among its sweeping provisions are two ...

Capital gains taxes are back in the spotlight. This time, the chatter on Capitol Hill has to do with rising home prices.