T he taxation of Social Security benefits is determined through a specific calculation. While not all benefits are tax-free, ...

There is no question that deciding between taking a pension annuity versus a lump sum can feel overwhelming, as you have to ...

Inherited IRAs offer financial opportunities to beneficiaries but you must understand the 10-year rule to optimize your ...

Mega Millions changes on April 5 will make winning easier and more lucrative for players. Don't expect taxes to be though if you win. What to know.

"In the coming weeks and months, we will pass the largest tax cuts in American history," Trump said on Tuesday.

Beneficiaries do not pay income tax on a life insurance death benefit payout. However, any interest that death benefit earns may be taxable.

The CBDT has directed income-tax officials to “closely” monitor top advance tax payers and identify bogus claims of exemptions and deductions as part of the strategy to improve direct tax collections ...