How would Maryland's tax changes affect you?
The tax proposal shows 82% of Marylanders would have no tax change or a cut. This means 2/3 of Marylanders would see a cut by virtue of doubling the standard state tax deduction. Low-income families ...
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One Simple Shift That Could Save You Thousands This Tax Season
One Simple Shift That Could Save You Thousands This Tax SeasonPicture this: It's February, and you're staring at your W-2.
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What Is the Penalty for Not Taking Your RMD?
As you approach retirement, it’s important to consider how required minimum distributions (RMDs) from your IRA or 401(k) ...
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Which tax bracket am I in, and how much is the standard deduction?
Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...
Elon Musk 'deleted' IRS Direct File: Should taxpayers worry about their tax returns?
Elon Musk posted that the IRS Direct File group had been "deleted," prompting confusion about the free tax prep service's ...
Did you know the IRS taxes your bank account? Don’t get caught off guard
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...