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Finance

Trump and Biden’s first presidential debate: Here’s what to expect on taxes

Joe Biden and Donald Trump 2024Brendan Smialowski | Jon Cherry | Getty ImagesPresident Joe Biden and former President Donald Trump will face off Thursday in the...
Finance

Great savers could face a ‘tax time bomb’ in retirement, advisor says — here’s how to avoid it

Vladimir Vladimirov | E+ | Getty ImagesIf you're nearing retirement with a large pre-tax 401(k) plan or individual retirement account balance, you need a...
Finance

Mega backdoor Roth conversions can be a ‘no brainer’ for higher earners, expert says

If you're a higher earner and looking to boost tax-free retirement savings, there's a lesser-known strategy that could be worth considering.While Roth individual retirement...
Finance

IRS free tax filing program to be available nationwide starting in 2025

IRS Commissioner Danny Werfel testifies before the House Appropriations Committee on May 07, 2024 in Washington, DC.Kevin Dietsch | Getty ImagesThe IRS will expand...
Finance

Your home sale could trigger capital gains taxes. Here’s how to calculate your bill

Westend61 | Westend61 | Getty ImagesAs home values climb, more Americans owe capital gains taxes when selling property. But knowing how to calculate your...
Finance

Biden plans for higher taxes on the ultra-wealthy and corporations to extend middle-class tax breaks

Director of the National Economic Council Lael Brainard speaks at the White House in Washington, D.C., on January 11, 2024.Drew Angerer | Getty ImagesIt's...
Finance

More home sellers are paying capital gains taxes — here’s how to reduce your bill

The Good Brigade | Digitalvision | Getty ImagesMore Americans are paying capital gains taxes on home sale profits amid soaring property values — but...
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