A nonqualified annuity grows tax-deferred, so eventually Uncle Sam will want his share.
Many Americans have been under the misconception that income earned on foreign soil is not taxable here at home, especially if taxes are paid in the foreign country. And that's simply not true.
Fall is the perfect time to plan your approach to tax forms you won't file until next April. By using the next four months strategically, you may be able to reduce the amount you owe.
Your tax basis on her stuff is the market value on the date of death. Here's how it works.
Inheritance taxes don't apply. However, IRA distributions must be taxed eventually.
Any time you encounter a major life change, whether it’s a marriage, divorce, buying a home or starting a business, it’s important to review the tax implications and create the best strategy--and...
There's nothing better than an unexpected cash flow--but the IRS wants in on the action as well.
You may not have to pay tax on the capital gain of a second home if you pass certain tests.
If you're going to be in a lower tax bracket at retirement, claim a tax deduction now.