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Personal taxes

Here are key crypto tax rules that every bitcoin investor should know

by Adrian Jhonsan
Here are key crypto tax rules that every bitcoin investor should know

Former President and 2024 Republican presidential candidate Donald Trump gestures while giving a keynote speech on the third day of the Bitcoin 2024 conference in Nashville, Tennessee on July 27, …

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Gen X reaches retirement withdrawal age; experts say don’t use the money

by Adrian Jhonsan
Gen X reaches retirement withdrawal age; experts say don’t use the money

Fg Trade | E+ | Getty Images Gen Xers are starting to reach age milestones that give them penalty-free access to certain retirement funds. The eldest members of that generation …

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IRS has taken nearly 2 years to get refunds for tax ID theft victims

by Adrian Jhonsan
IRS has taken nearly 2 years to get refunds for tax ID theft victims

Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C., on May 19, 2021. Bloomberg | Bloomberg | Getty Images …

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How to calculate capital gains taxes when selling your home

by Adrian Jhonsan
How to calculate capital gains taxes when selling your home

Westend61 | Westend61 | Getty Images As home values climb, more Americans owe capital gains taxes when selling property. But knowing how to calculate your home’s profit could reduce your …

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How the U.S. government is regulating AI

by Ev Richard
How the U.S. government is regulating AI

The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna, …

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Categories Technology

Here’s who can claim a ‘special tax credit’ for retirement savings

by Adrian Jhonsan
Here’s who can claim a ‘special tax credit’ for retirement savings

Halfpoint Images | Moment | Getty Images Some retirement savers can still snag an extra tax incentive for 2023. However, most eligible filers don’t claim it, according to the IRS. …

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How to reduce your tax bill or boost your refund before the deadline

by Adrian Jhonsan
How to reduce your tax bill or boost your refund before the deadline

Drakula & Co. | Moment | Getty Images More from Smart Tax Planning: Here’s a look at more tax-planning news. 1. Get an ‘immediate deduction’ from your IRA One of …

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Biden says wealthy should pay ‘fair share’ to Social Security

by Adrian Jhonsan
Biden says wealthy should pay ‘fair share’ to Social Security

U.S. President Joe Biden delivers his third State of the Union address in the House Chamber of the U.S. Capitol in Washington, D.C., on March 7, 2024. Shawn Thew | …

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What to expect in 2024 State of the Union

by Adrian Jhonsan
What to expect in 2024 State of the Union

President Joe Biden delivers the State of the Union address to a joint session of Congress on Feb. 7, 2023 Pool | Getty Images How Democrats propose tackling Social Security’s …

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Why Social Security beneficiaries may owe more taxes on benefits

by Adrian Jhonsan
Why Social Security beneficiaries may owe more taxes on benefits

Alistair Berg | Digitalvision | Getty Images A record 8.7% cost-of-living adjustment helped Social Security beneficiaries stave off the effects of inflation in 2023. But as they file their federal …

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