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Taxes are confusing enough without the added stress of figuring out which tax software is the best tax software. So we did the research to help you choose the ideal option to file taxes online. We focused on well-known and widely used tax-preparation software, and while the tax code is the tax code, there’s a […]

Have you moved since you filed your 2022 tax return? If so, make sure you update your address with the IRS now. The IRS expects to issue all refunds for individual returns that do not have errors (or other issues that would delay processing) by direct deposit and paper checks. But if you have not

Important information Tax treatment depends on your individual circumstances and may be subject to future change. Read more Capital gains tax is the amount you pay on any profit you make when you come to sell an asset, such as a second home, shares or a piece of artwork. How much you can earn before

Legislators have written numerous lines into the tax code over the years to soften the blow of the extra costs that self-employed taxpayers must shoulder as they do business. The Tax Cuts and Jobs Act (TCJA), passed during the Trump administration, is one of the U. S. Congress’s most significant tax overhauls. The TCJA became effective

Required Minimum Distribution Taxpayers generally have to start taking withdrawals from their Individual Retirement Account (IRA), Simplified Employee Pension (SEP) IRA, Savings Incentive Match Plan for Employees (SIMPLE) IRA, or retirement plan account when reaching age 72 (73 if you reach age 72 after Dec. 31, 2022). These withdrawals, called required minimum distributions (RMDs), are the minimum

If there is a bible for the music industry, it’s Donald Passman’s book, “All You Need to Know About the Music Business.” Since the first edition came out more than 30 years ago, it has guided countless musicians and executives, and has prevented many of them from making decisions they’d later regret. Considering the deep

Good Tuesday morning, Illinois. Time is ticking if you’re on a holiday schedule. Former House Speaker Kevin McCarthy, speaking to reporters last month, is backing Congressman Mike Bost in 2024. | Jose Luis Magana/AP CALL IT A HOLIDAY CHEER: Congressman Kevin McCarthy, the former House speaker, headlined the annual holiday party hosted by businessman and

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Good Tuesday morning! A few weeks ago in Atlantic City, Jersey City Mayor Steven Fulop revealed part of his strategy to win the governor’s office: “I’m running for governor so I say nice things about everybody,” he told NJ Spotlight News’ David Cruz. There may be one exception to that: Any member of Congress with

Richmond wants to add cannabis retail permits, doubling the number of permitted dispensaries from three to six. On Tuesday, the City Council will hold a public hearing on making the change possible, by amending the Richmond Municipal Code. The city staff says existing retailers are making significant revenue, even in the face of increased competition.