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

Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for ...

Immigrant tax filers face a harsher tax code than citizens in some important respects. Sweeping tax legislation recently ...

House Republicans have included a boost to the Child Tax Credit in their proposed spending package legislation but not ...

You may have gotten a surprise IRS tax bill that left you wondering what happened. Here are six reasons you might have owed ...

For example, one of Dimov Tax’s clients received compensation in the form of salary, bonus, RSUs, and ISOs. She reached out ...

The tax department has recently notified the ITR forms for filing tax return for FY 2024-25 (AY 2025-26). However, certain ...

The child tax credit could get boosted to $2,500 under a Republican proposal. But millions of children would be excluded.

Basically, UTF is a closed end fund that was launched in 2004. The fund's goal is to produce total returns with an emphasis ...

In March, Kentucky became the latest state to codify financial literacy as a stand-alone class needed for high-schoolers to ...

This isn’t enough to meet your federal tax liability of $20,738.50 when you file your Form 1040 individual ... “2024 1040 and 1040-SR Tax and Earned Income Credit Tables.” ...

Distribution Rate based on the May 19, 2025 closing market price of $9.90: ...