Made a profit selling your home in 2022? Here’s how to trim your tax bill

despite cold marketMany homeowners made money selling their property in 2022—and a portion of that windfall…

House lawmakers relaunch the SALT caucus. Here’s what to know about the $10,000 deduction limit for state and local taxes

Representative Bill Pascrell, DN.J., speaks at a news conference announcing the State and Local Tax Caucus…

IRS: Residents of more than a dozen states not required to report ‘special payments’ for welfare, disaster relief on their federal returns

irs on friday released federal tax guidance For millions of Americans receiving state exemptions or payments…

The Mega Millions jackpot is $785 million. Taking the lump sum is ‘typically a big mistake,’ lottery lawyer says

It could be a very good year for one lucky winner of the fourth biggest jackpot…

The Mega Millions jackpot is now $790 million. Here’s How Much Tax He’ll Have to Pay If There’s a Winner

Scott Olson | Getty Images If you manage to beat the odds and get to the…

If You Win the $630 Million Mega Millions Jackpot, Here’s How Much It Will Cost in Taxes

Mark Ralston | AFP | Getty Images So you didn’t win the $555 million Mega Millions…

The winning ticket for the Powerball’s $366.7 million jackpot was sold in Vermont. Here’s the Tax Bite for the Winner

If you have a winning ticket to Powerball’s $366.7 million jackpot, don’t forget about your silent…

House Democrats push Treasury, IRS to repeal state and local tax cap workarounds blocking rule

Representative Tom Suozzi, D.Y., speaks during a news conference announcing the State and Local Tax (SALT)…

Investors revisit Muni bonds amid higher returns and stronger debt

David Jackal | Image Source | Getty Images It’s been a tough year for municipal bonds,…