Spokane man pulled $400K from his 401(k) for a house, aiming to be debt-free, but now he owes $140K to the IRS. Big lesson: ...

But if you’re looking for a legal way to delay some of those RMD headaches, a qualified longevity annuity contract, or QLAC, ...

C ases of online scams have been rising in recent years. While existing laws and IRS guidance suggest that victims can take a ...

Anticipating a tax refund this 2025? Be aware that the IRS might retain it partially or entirely if you have outstanding ...

If you’re self-employed or earn certain types of income, there’s a good chance you’ll need to pay estimated taxes — and your ...

As you anticipate your tax refund in 2025, be aware that the IRS can withhold it to settle outstanding debts. This process, known as offset, is part of the Treasury Offset Program. Even with a ...

An Offer in Compromise can help settle tax debt for less, but there are a few things to know about the process.

Here’s the brutal truth: You can’t live your niece’s life for her.

The general idea of RMDs is that these accounts are tax-deferred, not tax-free. The government gave you a tax deduction for ...

For example, if you buy Amazon stock in a Fidelity account and transfer it to Schwab ... and your tax report could be inaccurate. That could trigger IRS scrutiny or lead to missed deductions. While ...

No one likes to get surprised with a bill. However, you might find yourself owing money for an unexpected reason. A little ...

Age 59 ½ isn’t considered a popular milestone, but it probably should be. At this age, a flurry of new financial options and ...