Health Savings Account (HSA) Tax Breaks Incoming?
Exploring “The One, Big, Beautiful Bill” and its proposed changes to HSAs....
keilfp.com
Jun 20 2025
Showing 50 results of 1483
Divorce and Your Home: An Expert's Guide to Avoiding a Tax Bomb
Your home is probably your biggest asset, so if you're getting a divorce, the stakes are high. Keep it? Sell it? You need to have a good plan in place for how to handle it....
kiplinger.com
Jun 19 2025
Trump Tariffs and Taxes: Waiting to See What Happens Is Not a Strategy
Like presidents, tariffs come and go. Policy changes also shift about every two years with the election cycle. If you're paralyzed by uncertainty, you could be missing opportunities to benefit your fi...
kiplinger.com
Jun 17 2025
The Foreign Tax Credit
Figuring out the foreign tax credit isn't as easy as you might hope. Here are some step-by-step instructions that should help. The post The Foreign Tax Credit appeared first on The White Coat Investor...
whitecoatinvestor.com
Jun 11 2025
One, Big, Beautiful Podcast About 2025 Tax Policy
By the time it works through Congress to President Trump's desk, The One, Big, Beautiful Bill will probably have a few different details, and a different name. But the version of the bill that recentl...
keenonretirement.libsyn.com
Jun 07 2025
How to Reduce Your Tax Bill by Saving for Retirement
There are many ways to reduce a tax bill, but saving for retirement is one of the best....
money.usnews.com
Jun 03 2025
Social Security and taxes
The government promise of an additional $4K of deduction for seniors at tax time does not go far enough to deal with SS and taxes. In 1983 when they started taxing SS income, only 10% of people receiv...
community.aarp.org
May 31 2025
Don’t Forget Your Taxes, Part II
This post is a brief follow-up to our post of May 6, 2023 in which we reminded you that taxes are essential expenses that must be planned for in retirement. As is the case with other expenses expected...
howmuchcaniaffordtospendinretirement.blogspot.com
May 27 2025
Car Wash Investing: Cut Tax Grime and Polish Your Portfolio
Real estate investing professional explains the tax advantages and efficiencies of investing in car wash real estate....
kiplinger.com
May 26 2025
Listener Q&A: Trusts, IRMAA, Inheritance Taxes, Capital Gains, and More
In this special episode, we catch up on a backlog of insightful listener questions—covering everything from estate planning and Social Security taxation to Roth conversions and Medicare rules. I...
sites.libsyn.com
May 26 2025
Tax Cuts Now Could Lead to Rising Rates Later. Here’s How to Protect Yourself.
The swelling budget deficit makes future tax increases likely, our columnist says, even if taxes are going down now. Hedge your bets with a concept from investing — diversification....
nytimes.com
May 24 2025
Ask the Editor, May 23: Reader Questions on Gifts, Estate Tax
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on gifts, the estate tax and stepped-up basis upon death....
kiplinger.com
May 23 2025
‘Trump Accounts’ Christened as New Name for ‘MAGA Accounts’ in GOP Tax Bill
The new savings accounts, likened to a “401(k) for kids,” are included in the bill passed…...
401kspecialistmag.com
May 23 2025
Tax Reconciliation Bill Could Trigger $500 Billion in Mandatory Medicare Cuts
The deficits caused by the tax bill would trigger the Statutory Pay-As-You-Go Act of 2010 and force billions in cuts to Medicare. However, Congress can block the implementation of the cuts....
kiplinger.com
May 22 2025
Portability: Should You File An Estate Tax Return?
Should you file an estate tax return when your spouse dies to preserve the unused estate tax exemption? Form 706 is costly, the exemption is high, but will the laws change in the future?...
forbes.com
May 19 2025
Think a Repeal of the Estate Tax Wouldn't Affect You? Wrong
The wording of any law that repeals or otherwise changes the federal estate tax could have an impact on all of us. Here's what you need to know, courtesy of an estate planning and tax attorney....
kiplinger.com
May 18 2025
No Taxes On Tips, Overtime, And Social Security? Not Exactly
Not all the Trump promises to cut tax on tips, overtime and Social Security made it into the proposed tax bill—and those provisions that did make it in are temporary....
forbes.com
May 15 2025
13 Ways to Screw Up Tax-Loss Harvesting
It's amazing all of the different ways people can screw up tax-loss harvesting. Let's outline a few mistakes to help others avoid them. The post 13 Ways to Screw Up Tax-Loss Harvesting appeared first ...
whitecoatinvestor.com
May 14 2025
The Three Retirement Tax Issues I Nag My Clients About
A financial professional highlights areas of tax planning that retirees should have on their radar as they finalize their retirement plan....
kiplinger.com
May 14 2025
IRA withdrawal to pay federal tax bill
About 5 years ago, when I started doing a relative's tax return, he was always prompting me to make a quarterly tax payment. Since he had to take RMDs and since he did not need the income from the RMD...
reddit.com
May 14 2025
Post-Tax Season Planning Ideas
Unlike tariffs, taxes are an area where investors do have control to improve their financial lives....
forbes.com
May 13 2025
401(k) Tax Subsidy and Matches Favor Higher Earners, Often White
The Social Security program was designed to support lower-income retirees more by replacing a larger share of their past earnings than higher earners receive. But the subsidies that encourage workers ...
crr.bc.edu
May 12 2025
Financial advisors are divided over this RMD tax strategy
A little-known feature of RMD tax withholdings could help minimize a client's effective tax burden. Not all financial advisors are on board with the strategy....
financial-planning.com
May 12 2025
I'm a Financial Planner: Here Are Five Lesser-Known Ways to Avoid Estate Tax
The clock is ticking on the estate and gift tax provisions in the Tax Cuts and Jobs Act, so the sooner you act on removing assets from your estate, the better....
kiplinger.com
May 11 2025
The Secret to Saving Big on Taxes in Retirement (Ep. 19)
What if you could turn your biggest retirement expense into your greatest savings opportunity? In this episode, Tyson and Ryan Thacker from B.O.S.S. Retirement Solutions sit down with Brandon Olson,&h...
bossretirement.com
May 10 2025
Secrets to Minimizing Taxes on Your Retirement Income (Ep. 17)
Why are taxes one of the biggest retirement expenses, and how can you minimize them? Join Ryan and Tyson Thacker for an episode of Retirement Solutions The Podcast as they…...
bossretirement.com
May 10 2025
Get Your Tax Bill Down
Answering reader questions about tax-loss harvesting, tax implications for changing your 529 beneficiary, gift tax rules, tax withholdings, and the home office deduction. The post Get Your Tax Bill Do...
whitecoatinvestor.com
May 08 2025
Big Tax Deduction Increase Proposed for Those Over Age 65
A new bipartisan bill could mean bigger retirement tax savings to offset taxes on Social Security and high prices....
kiplinger.com
May 08 2025
The 3 Parts to a Perfect Estate Plan – Part 2b: Tax Considerations
In this episode, we cover key tax considerations around wealth transfer. We cover the differences between federal estate tax and state inheritance tax, and explain why the stepped-up basis is such a p...
sites.libsyn.com
May 05 2025
? AARP Backs Bill to Reduce Tax Burden for Seniors (AARP Article)
FROM THE ARTICLE: Legislation to Reduce Tax Burden on Older Americans. Bill would boost deductions for those ages 65+, helping offset Social Security income taxes. By Emily Paulin, AARP. Published May...
community.aarp.org
May 05 2025
Ask the Editor, May 4 — Questions on Tax Deductions, Losses
In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers readers' questions on tax deductions and losses....
kiplinger.com
May 04 2025
Valuable State Tax Breaks for Retirees in 2025
Selecting the right state for retirement can significantly impact your financial well-being....
kiplinger.com
Apr 30 2025
The Most Powerful Tax-Free Retirement Tool: Start Leveraging Your HSA Now
Health Savings Accounts (HSAs) don’t get much attention—but they should. With triple tax advantages (tax-free contributions, growth, and qualified withdrawals), HSAs offer a level of flexi...
buzzsprout.com
Apr 30 2025
Tax Credit Reduces Disabilities Among Older Workers
To improve low-income households’ economic well-being, the social safety net provides both cash assistance and additional resources to support a better lifestyle – safer housing, more educ...
crr.bc.edu
Apr 27 2025
FIRE in San Francisco: Updated Projections After Taxes, Social Security, and Housing Scenarios
I received many questions after concluding in my post “How Much is Enough to FIRE in San Francisco” that $5,654,000 was enough to cover my current and planned future spending needs....
faangfire.com
Apr 26 2025
Trump’s Tax Cut Risks Your SNAP, Medicaid Benefits
The GOP budget blueprint could slash lifesaving programs for millions of U.S. households....
kiplinger.com
Apr 22 2025
Stay Tax Aware in 2025
It's important to stay tax aware when it comes to your finances. On this episode, we explore some of the latest updates for 2025. Glenn is available for in person and online meetings if you'd like to ...
retirementroadmappodcast.podbean.com
Apr 22 2025
Recast mortgage or hold after-tax money for retirement investing
I just retired and had to buy a house late. I am in year 3 of a 30 year mortgage at 6.375%. I have enough in pre-taxed income, 401k, HSA, and Roth to live comfortably but not lavishly. Would I be smar...
reddit.com
Apr 19 2025
Four Takeaways From Filing Your Taxes to Boost Your Financial Future
Now that another tax season is in the rearview mirror for most of us, what lessons can you take from what you learned about your finances to plan for the future?...
kiplinger.com
Apr 18 2025
How to Tax-Loss Harvest with Vanguard
Tax-loss harvesting is a strategy where you sell losing positions to get a tax deduction. Here's how to tax-loss harvest with Vanguard. The post How to Tax-Loss Harvest with Vanguard appeared first on...
whitecoatinvestor.com
Apr 18 2025
What Would Happen if You Put Your Tax Refund in an IRA?
Not only could you get a tax break, but the compounding effect over 35 years could turn the average refund into nearly $14,000....
kiplinger.com
Apr 17 2025
A QLAC Does So Much More Than Simply Defer Taxes
Here are the multiple ways you can use a QLAC, from managing retirement risks to creating income for specific retirement needs and wants....
kiplinger.com
Apr 16 2025
High State Income Taxes: The Ugly, the Bad, and the Good
Last year, I paid six figures worth of state taxes. How can I justify continuing to live in this state when it costs so much money to do so? The post High State Income Taxes: The Ugly, the Bad, and th...
whitecoatinvestor.com
Apr 14 2025
Tax Day Poses New Dilemmas for Retirees
You may find filing your taxes to be more complicated than when you worked full time....
money.usnews.com
Apr 14 2025
Up to 85% of your Social Security benefits could be taxes – take these steps now!
To read this story on KSL.com, click here. Up to 85% of your Social Security benefits could be taxed. Many families planning for retirement don’t realize this – or how…...
bossretirement.com
Apr 12 2025
Please Clarify About Earning Limits/Deductions before full retirement age
Hi Everyone: I hope somebody can clarify something I am confused about if you collect Social Security and choose to work as well (before full retirement age). I understand in 2025 if under the full re...
community.aarp.org
Apr 12 2025
How to file a tax extension: Everything you need to know
Not ready to file taxes by April 15? Here's how to file an extension with the IRS. Some states have been declared federal disaster areas, providing some taxpayers automatic extensions....
empower.com
Apr 11 2025
5 Ways to Transform Tax Season into an Opportunity with Grayson Blazek, Ep #237
Tax planning might not top everyone's list of leisure activities, but in the middle of tax season there’s a hidden opportunity. What if, instead of seeing it as a mere logistic hurdle, we embrac...
financialsymmetry.libsyn.com
Apr 10 2025
Are You Ready to Pay More Taxes to Save Social Security?
Across party lines, many believe saving Social Security trumps other financial considerations....
kiplinger.com
Apr 08 2025
Maximize Your Retirement Tax Savings: How to Maximize Tax-Saving for Each Account
Want to pay less in taxes during retirement? You actually have more control over your tax rate than you might think. James breaks down how different investment accounts—like brokerage accounts, ...
buzzsprout.com
Apr 08 2025