Tag: National taxes
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Treasury Department announces new Series I bond rate of 5.51% for the next six months
The U.S. Department of the Treasury has announced new Series I bond rates through April 2027.
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Inherited IRAs can boost wealth — and trigger a tax bill. Here’s how to reduce it
Inherited IRAs can raise income taxes. Experts explain the 10-year rule, withdrawal timing and Roth conversions for heirs.
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The SALT deduction limit is $40,400 for 2026. Here’s how to maximize it
The SALT deduction limit is $40,400 for 2026. Experts cover how to maximize the tax break before year-end.
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Trump Accounts will auto-enroll children, potentially adding 60 million accounts: Treasury
The Treasury Department announced that Trump Accounts will begin auto enrolling eligible children. Here’s what families need to know.
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Why Trump’s ‘big beautiful bill’ may shrink or boost your charitable tax break for 2026
President Donald Trump’s “big beautiful bill” could shrink or boost the charitable deduction for certain taxpayers in 2026. Here’s how to prepare for it.
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IRS tax debt agreements have plummeted: ‘I’ve never seen a number that low,’ taxpayer advocate says
More taxpayers have been applying for an “offer in compromise” since 2023, but the IRS has accepted far fewer requests. Tax experts are unsure why.
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As Republicans tout Trump’s ‘big beautiful bill,’ here’s who the tax breaks benefited most
As the midterm elections approach, Republicans are touting President Donald Trump’s “big beautiful bill” to voters. Here’s who benefited from the tax cuts.
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