Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

Modified adjusted gross income, or MAGI, might sound like just more tax jargon, but knowing how to calculate your MAGI is key to determining your eligibility for several valuable tax benefits ...

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

The difficulty of getting money into a Roth account frustrated me for several years until I heard about something called the “mega backdoor Roth conversion.” ...

The decision of whether to save for retirement through a Roth IRA or through a traditional IRA is a complex matter that can ...

On May 22, the House of Representatives passed proposed tax legislation titled, “The One, Big, Beautiful Bill” (TOBBB), which will now be debated ...

All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, ...

President Trump's new bill could make your auto loan interest tax deductible, leading to cheaper overall payments. Find out ...

IRMAA functions effectively as a stealth tax that can dramatically increase health care costs for higher-income retirees.