Recent Posts
What Are Your Chances Of An IRS Audit? 15 Audit Red Flags To Know Before You FileJanuary 12, 2026 - 9:01 pmMost taxpayers can relax. In recent years, the IRS has audited well under 1% of individual tax returns, and that figure is expected to decline further. That said, audits haven’t disappeared. Here are 15 common audit red flags to be aware of.
How 2026 Tax Bracket Changes Affect Retirement IncomeJanuary 5, 2026 - 7:31 pmUnderstanding the new federal income tax thresholds could save retirees thousands through smarter withdrawal timing and conversion strategies.
Trump’s Tax Plan For Capital Gains TaxDecember 29, 2025 - 8:26 pmWhile the capital gains structure remains intact, the Trump Account represents a notable addition to the tax code, aimed at encouraging long-term savings for minors.
Trump Promises ‘Largest Tax Refund Season Of All Time.’ What You Can ExpectDecember 22, 2025 - 7:47 pmCiting changes enacted for the 2025 tax year under his ‘Big Beautiful Bill’, President Trump says next spring is projected to be the largest tax refund season of all time, However, experts caution that refund amounts will vary based on how much tax individuals paid in 2025 and which provisions of the new law apply to their personal situations.
Want To File 2025 Income Taxes Early? The Tax Season Will Open SoonDecember 15, 2025 - 9:19 pmAlthough you cannot file your 2025 tax return before the IRS officially opens the 2026 tax season, you can prepare in advance by following IRS guidelines so you’re ready to file as soon as the date is finalized.
Find Out Whether You Qualify For The New Senior Tax BreakDecember 8, 2025 - 8:57 pmThe One Big Beautiful Bill is adding an extra $6,000 standard deduction for Americans aged 65 and above. This provision is temporary and will expire in 2028, giving seniors only a few years to take advantage of the benefit. Find out how the deduction works, who qualifies, and how it might influence your tax-filing strategy.
Congress Considers Major 401(k) Changes For 2026: What High Earners Should KnowDecember 1, 2025 - 9:25 pmRecent reports indicate that Congress is reviewing proposals that may adjust contribution limits, tax benefits, and eligibility rules beginning in 2026. The uncertainty is prompting many investors to revisit their retirement strategies sooner rather than later.
How New Tax Laws Might Help You Keep More Money In Your Paycheck This YearNovember 24, 2025 - 8:52 pmThe “One Big, Beautiful Bill” introduced several new tax breaks and expanded others, which will likely lower 2025 tax bills or increase refunds for many taxpayers. Because of this, some people may want to adjust the amount they have withheld from their final paychecks of the year.
What Does The SSI Savings Penalty Elimination Act Propose?
The goal of SSI is to support people with disabilities, but as it stands, the program traps many in poverty by penalizing saving and marriage. This is where the SSI Savings Penalty Elimination Act comes in. The bipartisan bill aims to fix the situation by increasing the asset limit for individuals and for married couples.
This Is The ‘Billion-Dollar Blind Spot’ Of 401(k)-To-IRA Rollovers, Vanguard Finds
Rollovers from a workplace retirement plan to an IRA are common after reaching certain milestones like changing jobs or retiring. However, many investors who move their money to an IRA park those funds in cash for months or years instead of investing it — a move that causes their savings to “languish.”
4 Steps To Take With Investments If Fed Cuts Rates, According To Financial Planners
Investors tend to respond emotionally to significant market fluctuations, which can jeopardize long-term growth, particularly in retirement savings. With the Fed expected to cut interest rates to reduce inflation, financial planners weigh in what investors should do.