If you win the top prize in either drawing this week, you'll face several major decisions that set the course for navigating your sudden windfall.
If you're hoping to nab a state tax credit for your charitable contribution — and claim a deduction on your federal return — you're running out of time. Here's what you need to know.
Lawyers warn that certain tax credit programs could be affected by upcoming IRS and Treasury guidance affecting high-tax states.
You can help head off an unexpected tax bill by using the withholding calculator from the IRS. Just be sure to float your data by your accountant before you raise or lower the amount of taxes pulled from your pay.
On already slender salaries, teachers contribute their own money for classroom supplies.
A House committee has cleared a bill that would let certain fitness costs qualify as medical expenses for tax purposes.
If you've crunched the numbers on your pay stub, be sure to float them by your accountant before your raise or lower the amount of taxes pulled from your pay.
Some states are offering tax-advantaged accounts for first-time home buyers trying to save up to purchase a house.
Sonia Meskin of Standard Chartered Bank says long-term economic projections by organizations like the Congressional Budget Office can have limited practical applications for the near future as "a lot of factors can change over the course of 10 years."
Jim Chalmers, shadow finance minister of Australia, explains why the pledge by the country's Labor opposition to repeal some of the corporate tax cuts is about "doing the responsible thing."
Trumpstore.com, which brands itself as "the official retail website of The Trump Organization," currently names just four states in which it collects sales taxes.
Visit San Francisco in your golden years, but think twice before settling down there. Here's why the Bay Area life will put a dent in your savings.
Say hello to the health savings account. It's your next pot of retirement dollars. How to get the most out of your account.
The expenses you paid for your investment accounts are no longer deductible. That means you need to take a second look at how you foot the bill for your IRA.
Trim your income tax bill and give your ex a jump start on retirement savings by transferring an IRA.
Tax breaks from your state are just one factor in choosing the right 529. Here's what else you should consider.
The Tax Cuts and Jobs Act has changed the way business owners prospect for clients and schmooze. Here are the details on whether you can expense those seats at the theater.
Whether you've moved to Canada or fled across the ocean, the IRS wants to know more about your holdings in foreign accounts. Only half of Americans abroad realize this.
Lawyers warn that the IRS could take a closer look at state programs that grant a hefty tax credit in exchange for donations to certain government programs.
Entrepreneurs love a tax break. Here's how to determine whether you're eligible for this one.