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 ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

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

A retiree’s ability to exert some control over their taxes is increased when their portfolio includes accounts with different ...

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

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.

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