Taxes

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Latest Taxes News

New FAQs And Legal Updates Impact Embattled New Company Reporting Law

As of January 1, 2024, many companies were required to report information to the U.S. government about who ultimately owns…

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How 7 Think Tanks Would Use Taxes To Help Reduce Budget Deficits

Ask seven public policy think tanks how to get the federal budget on a “strong, more sustainable fiscal path” and…

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IRA Early Withdrawal Rules and Penalties

When you deposit cash into your retirement account, it enters a new realm of rules and regulations. While your IRA…

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Forbes Best Places To Retire Abroad In 2024

Fed up with high living expenses and toxic politics, more Americans are looking to move abroad. Here are the top…

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How Long You Have to Keep Tax Documents

Once tax season is over, it’s tempting to contemplate pushing every document into a shredder and going on your way…

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Retiring Abroad – Retirement Taxes, Medical Insurance & Other Considerations

N ext month, Matt Palmer, 60, and Lisa Barr, 63, a retired couple from Quincy, Mass., and Penni, their six-year-old…

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How to Donate to Charity With Money From Your IRA

The IRS allows, and even encourages, charitable donations from tax-advantaged retirement accounts such as an IRA. Not only can this…

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U.S. Olympic Athletes Are Going For The Gold In Paris—And It Could Be Tax-Free

The opening ceremony of the 2024 Paris Summer Olympics is set, and the parade marking the event will be far…

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My Tax Preparer Made a Mistake: What Can I Do?

By law, you are responsible for your own tax return. This is true even if you hire someone else to…

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Our Olympic-Sized Tax Edition Looks At The Games

This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…

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