A tax refund is a return of your money. Here are some tips on how to improve the results.
Six stealth taxes can increase your income tax liability and reduce your lifetime after-tax retirement income. Planning for each of them should begin long before and continue throughout retirement.
Adviser Robert Klein explains how and when to withdraw highly appreciated stock from your 401(k) plan without the market value of the stock being subject to taxation.
Jeffrey Levine of Buckingham Wealth Partners helps a reader learn how to ask the IRS to for debt forgiveness.
Craig Steinhoff, CPA, answers a Retirement Daily reader's question about what home sale expenses are tax deductible.
Adviser Matthew Curfman explains how to lower your taxable income while at the same time doing good for others.
Adviser William Harris writes this disadvantage is an equal-opportunity offender. It affects both widows and widowers alike, as well as people at various income levels.
Robert Powell advises IRA owners that the new SECURE act retirement legislation changes when they need to begin taking required minimum distributions.
You may not want more stuff in your inbox, but Bob Powell writes that these tax tips from the IRS are worth it.
Adviser Sandra Adams has great strategies for making the most of charitable donations under the Tax Cuts and Jobs Act.
The NUA tax strategy can be a real tax-saving advantage for those who qualify, writes adviser Marguerita M. Cheng.
A new tool from the IRS helps retirees quickly and easily figure out the right amount of tax to be taken out of their pension payments.
Adviser Kaleb Paddock explains how to stop worrying and embrace Roth contributions.
Advisers David Buckwald and Greg Dillon run down tax efficiency for all types of retirement assets, including traditional IRAs, Roth IRAs and Social Security and more.
IRS private ruling signals the cost of genetic tests directly related to health assessments may qualify for a tax deduction.
Adviser Jason Coleman looks at some of the significant tax changes that came with the Tax Cuts and Jobs Act and how retirees can use them to their advantage.
Adviser Dennis Drake says retirement savers can reposition assets to pay the least amount of tax legally possible.
For some, RMDs may increase their future income tax liability. Adviser Jim Werner reviews the ins and outs of a Roth conversion.
Adviser Kaleb Paddock explains how to stop worrying and embrace Roth contributions.
Adviser Deanne Phillips says a misstep in 2019 planning could cost some people big money.
Adviser Sandra Adams has great strategies for making the most of charitable donations under the new tax law.
Adviser Keith Whitcomb outlines accumulation strategies to minimize taxes in retirement.
Plan ahead to minimize your taxes and maximize your retirement assets.
Don't overlook the form used to report the distribution of retirement benefits.