Browsing: Tax

Hispanolistic | E+ | Getty ImagesPresident Donald Trump’s “no tax on tips” deduction offers financial planning opportunities for some workers. But it’s too soon to execute…

Ugur Karakoc | E+ | Getty ImagesThe U.S. Department of the Treasury and the IRS on Friday issued proposed regulations with more details about President Donald…

Worried woman looking at her mobile phone.Srdjanpav | E+ | Getty ImagesStudent loan borrowers who are entitled to debt forgiveness but haven’t been able to get…

Upon leaving or retiring from federal service, Thrift Savings Plan (TSP) participants can request installment payments from their traditional TSP account. The TSP participant has the…

Millions of Americans live abroad and still have to pay taxes in the U.S.Kseniya Ovchinnikova | Moment | Getty ImagesMore from Financial Advisor Playbook:Here’s a look…

Lighthouse Films | Digitalvision | Getty ImagesThe U.S. Department of the Treasury in August released a preliminary list of 68 occupations that may be eligible for…

Before deciding to withdraw money from their Thrift Savings Plan (TSP) accounts, TSP participants are advised to be aware of the tax rules associated with TSP…

There are two big winners for the $1.787 billion Powerball jackpot — and one could face a bigger tax bill.Winning tickets sold in Missouri and Texas…

Roughly $198.3 million goes straight to the IRSThe Powerball jackpot winner can expect a large upfront federal tax withholding. The IRS requires a mandatory 24% withholding…

A Social Security Administration (SSA) office in Washington, DC, March 26, 2025.Saul Loeb | Afp | Getty ImagesPresident Donald Trump’s “big beautiful bill” provides relief to…