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IRS criticized for taking nearly 2 years to help ID theft victims get their refunds
USA Today· 1 day agoMany taxpayers, particularly lower income families who qualify for key tax breaks designed to help...
Oregon is first state to join free filing option for federal taxes
Oregon Capital Chronicle via Yahoo News· 7 days agoDepartment of the Treasury and Internal Revenue Service, Oregon is the first state to join the IRS...
Taxpayer watchdog says IRS had a 500,000 backlog of identify theft cases
Axios· 5 days agoWhy it matters: The backlog, which has worsened since last year, has prevented thousands of low-...
2 Big Reasons to Max Out Your Roth IRA in 2024 -- And 1 Reason Not To
The Motley Fool via AOL· 5 days agoLet's say you file taxes as a single person. Your modified adjusted gross income (MAGI) must be...
How to Use a Mega Backdoor Roth Conversion
MediaFeed via AOL· 3 days agoHaving tax-free income in retirement from a Roth IRA can help you stretch your savings much farther after you stop working. However, ...
I'm 55 With $900k in My IRA. Should I Do a Roth Conversion on $100,000 Per Year to Avoid RMDs?
SmartAsset via Yahoo Finance· 5 days agoAlthough Roth conversions create current tax liabilities, paying taxes now may result in more...
I Want to Give Money to My Son and His Wife. How Much Can I Give Without Triggering Taxes?
SmartAsset via AOL· 4 days agoLet's say that you're an individual who wants to give money to two people, your son and his wife. Maybe this is to help with a wedding, down payment for a home or building a family. You can ...
Why long-term funding is what agencies need, yet what they worry about
Federal News Network· 3 days agoMy next guest says late appropriations every year causes agencies to resort to the fixed what we can...
1 Compelling Reason to Open a Roth IRA in 2024
The Motley Fool via AOL· 7 days agoHow the 2024 Saver's Credit and Roth ...also can't be a full-time student or be claimed as a dependent on someone else's tax return. On top of that, you...
1 Surprising Roth IRA Feature That Could Make Retirement Planning Less Stressful
The Motley Fool via AOL· 4 days agoYou are eligible to withdraw your money tax-free after meeting the five-year rule and reaching 59...
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