Effective tax planning can significantly lower your taxable income, potentially saving you thousands annually and freeing up more of your hard-earned money for saving and investing.
A joint return is a tax return filed with the Internal Revenue Service (IRS) on the new, simplified Form 1040 (as of 2024) by two married taxpayers whose filing status is married filing jointly ...
On 10/22/24, the IRS released the annual inflation adjustments for tax year 2025 that will impact taxpayers when they file ...
and their decision will impact their return. For example, filing as head of household instead of single provides a larger standard deduction and lower tax rates, says Reams. And while married ...
When you actively manage your finances and plan for your future, the feeling of personal financial empowerment is justly ...
Estate taxes: The TCJA doubled the basic exclusion amount for estate taxes. It is currently $13.61 million per spouse and will rise in 2025 to $13.99 million. The estate exemption will be cut in half ...
Contribution limits for 401(k) and other workplace retirement plans rise for 2025. Sixty- to 63-year-olds get a super contribution for the first time.
🎄 Financial experts share tips on getting refunds before Christmas to save money for festivities. 💷 Check for overpaid ...
Here’s what you need to know about the differences between tax deductions and tax credits and how they can help you reduce your tax bill and maximize your tax refund.
A complete list of how Coloradans voted on the presidential election, statewide ballot measures, U.S. congressional contests, and Denver ballot questions.
Incumbent Warren Davidson has defeated his opponent Vanessa Enoch to keep his seat in the House, the Associated Press projects.
There are several states across the nation that will have a Merry Christmas thanks to the announcement that refunds from the ...