If you are over 70 1/2 and have any charitable inclinations or obligations arranging qualified charitable distributions (QCD) from you IRA is probably a really good deal. For some people it could be a ...

I own a residential rental property. In 2024, I fully replaced the roof by putting a brand-new roof on the building. Can I deduct the entire cost of the new roof on my 2024 tax return? No. For tax ...

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...

The most frequent reason taxpayers are contacted by the IRS is because they have overlooked some item reported to both them and to the IRS by third parties such as banks, brokers and pension payers.

What Is Form 1099-R: Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans? Form 1099-R: Distributions From Pensions, Annuities, Retirement, or Profit-Sharing Plans is an Internal ...