Navigating the Tax Maze at 70: Unraveling Social Security and Income Taxes

by Zacks Equity ResearchPublished on January 24,2024

While taxes may be part of your golden years, smart planning can help you enjoy your hard-earned retirement income to the fullest.

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Making a Financial Gift? Read These Tax Implications First

by Devyani ChamriaPublished on July 10,2019

Higher gift tax exemptions open up planning opportunities. Let's take a look at the new limits and other exclusions to ensure full utilization of the increased lifetime exemption and annual exclusion amounts.

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Will the New Tax Law Affect Retirees?

by Rajashree BhattacharyyaPublished on April 17,2019

The new federal tax legislation opens up a few options for retirees, among which the reduction in standard deduction holds utmost significance.

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Should You Itemize or Take the Standard Deduction for 2019?

by Devyani ChamriaPublished on February 07,2019

Before mapping out your tax strategy for your 2019 returns, it may be helpful to crunch numbers and compare both itemizing and the standard deduction.

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How the New Standard Deduction Changed Your Tax Bill

by Devyani ChamiraPublished on December 13,2018

The standard deduction for each filing status was almost doubled compared to 2017. While this is a relief for tax payers, it reduces the likelihood of people itemizing deductions.

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