January is a good time to consider tax planning for your income in 2025 ... who keep track of this stuff. For example, the income definition of “highly compensated employee,” which affects ...

3) Finally, tap company retirement-plan accounts ... For example, if you find yourself in a year in which you have a lot of taxable deductions, it may make sense to tap tax-deferred accounts ...

There's no year-end deadline for IRA contributions. You have until April 15, 2025, to fund an account for 2024. If you’re ...

Lawmakers are exploring a plan to create a tax exemption for primary homes while placing a heavier burden on luxury ...

Maryland does not tax Social Security benefits, representing a major benefit for seniors in the state. For those who itemize ...