Tag: Tax planning
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USPS postmarks can lag mailing dates. What taxpayers and voters should know
USPS postmark dates may differ from mailing dates, affecting Oct. 15 tax filings and mail ballots with state-specific deadlines.
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The IRS is paying closer attention to funds that aim to slash taxes. What could be next for investors
‘Tax aware’ ETFs and an elaborate ETF conversion maneuver aimed at sharply cutting tax liability are in the agency’s crosshairs.
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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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Up to 25 million Trump Accounts could be funded by mid-October, IRS CEO Frank Bisignano says
Up to 25 million Trump Accounts could be funded by mid-October, IRS chief Frank Bisignano told CNBC’s “Power Lunch.”
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Trump Accounts have auto-enrolled more than 60 million children, Treasury says
More than 60 million children have been automatically enrolled in Trump Accounts, according to a Treasury Department announcement exclusively provided to CNBC.
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Trump administration starts sending $500 Obamacare refund checks — who stands to benefit
The refunds come after millions of people lost premium subsidies for their health insurance, and right before the midterm elections.
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IRS sends notices on Saver’s Match to taxpayers who might qualify for new benefit, worth up to $2,000
The new program, which will give eligible savers a federal match for contributions to their retirement accounts, starts in 2027 and replaces the saver’s credit.
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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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Lawmakers float gas-tax break, commuter deduction to ease pressure of high prices at the pump
With affordability ranking as a major issue ahead of the Nov. 3 midterm elections, lawmakers are introducing bills to reduce the cost of gasoline and diesel.
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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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