If you're planning to max out your 401(k) plan for 2023 and want to save more, you may consider after-tax 401(k) contributions. Here's what you need to know. Read More.
The change, which was announced Friday by the Internal Revenue Service, is meant to offer "relief for victims of severe winter storms, flooding, and mudslides in California." Read More.
Some Alabama lawmakers are again trying to eliminate the state sales tax on groceries. In Alabama, shoppers pay a minimum of four percent grocery tax put into effect by the state in 1939. The tax affects items shoppers buy at grocery stores across the state. Read More.
Texas Gov. Greg Abbott, while in Arlington Wednesday promoting the state’s growing economy, said he wants to remove the school tax burden from property owners and restore tools for economic development. Read More.
The left-leaning Alabama Arise and the right-leaning Alabama Policy Institute will both lobby legislators in the upcoming session to reduce or repeal the tax. Read More.
Why wait until the last minute to file your taxes in 2023? The IRS is now accepting returns, and if you use the right tax filing service, you can get your tax refund in hand as soon as today. Read More.