Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

Taxes may be fact of life, but have you ever been up close and personal with a Form 1040? Here's a beginner's guide to understanding how federal income tax returns work. Many, or all, of the products ...

The IRS recommends three years (shred the rest at the WFMY shred!), but you may want to keep all your W-2s in case Social ...

The IRS is introducing new income limits for its seven tax brackets, adjusting the thresholds to account for the impact of inflation. That could provide a break to some taxpayers on their taxes in ...

If you’re looking to grow your retirement savings, a 401(k) can be a game-changer—but what if your employer doesn’t offer one or what if you don’t have an employer at all? Let’s break it down and ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Millions of California residents can now ...

Roth IRAs provide tax-free withdrawals in retirement. Workers who exceed income limits cannot fund a Roth IRA directly. High earners can contribute indirectly via a backdoor Roth IRA. Successfully ...