Income Tax Aid

IRS offers guidance on employer credit for paid family and medical leave

The Internal Revenue Service and the Treasury Department issued guidance Wednesday on the permanent extension of the employer credit for paid family … [Read More...] about IRS offers guidance on employer credit for paid family and medical leave

Debate over Missouri income tax defines August primary election

State lawmakers are putting the future of Missouri taxation in voter's hands this primary season.Amendment 5, one of four amendments on Tuesday's … [Read More...] about Debate over Missouri income tax defines August primary election

West Virginia Just Changed Its Social Security Tax Rules – Is Your State Next?

If you collect Social Security and you live in West Virginia, January 1, 2026 was a meaningful milestone: the Mountain State officially stopped taxing your senior benefits. The change caps a … [Read More...] about West Virginia Just Changed Its Social Security Tax Rules – Is Your State Next?

A 73-Year-Old Feared Her RMD Would Drain Her IRA and Tax Her Social Security. The IRS Formula Is Built So It Won’t.

© shurkin_son / Shutterstock.com She turned 73 this year, and her IRA custodian’s letter arrived with weight. Her first required minimum distribution (RMD) is due, and weeks of … [Read More...] about A 73-Year-Old Feared Her RMD Would Drain Her IRA and Tax Her Social Security. The IRS Formula Is Built So It Won’t.

Inside the $900,000 Greek Island Retirement Drawing Americans at 62

Quick ReadBuying a Greek island home outright at €140,000 leaves $600,000 to fund a $47,000 annual budget at a 3.5% withdrawal rate.Staggered Social Security claiming cuts the portfolio's required … [Read More...] about Inside the $900,000 Greek Island Retirement Drawing Americans at 62