Mallika Mitra is a freelance writer and editor focused on taxes, retirement planning, investing and more. She was previously a writer and editor at Money, where she wrote a weekly newsletter about investing, and a wide range of stories on meme stocks, crypto, generational investing trends and more. Her work can also be found in Bloomberg News, CNBC, Business Insider and The Wall Street Journal's Buy Side, among other places.
Lawmakers have introduced a new bill that aims to permanently end taxes on Social Security benefits. High-income earners may not like it.
In many cases, keeping tax records for three years is long enough, but there are a few exceptions.
The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on taxes this year.
Speak with a financial advisor or a tax expert before making the move.
If your business is an LLC, you’ll need to pick the tax-filing status that suits your business best.
An LLC can reduce the legal liability of its members, among other benefits, but there are some disadvantages to consider, too.
A flat tax is when one tax rate applies to all taxpayers, regardless of income. Here’s how it works, and how it differs from a progressive tax system.
A tax levy is the next step after a tax lien, and it means your wages, financial accounts and other property may be seized by the IRS.