Taxes
Latest in Taxes
How to Determine Maximum Taxable Limits on Social Security Benefits
For 2025, U.S. Social Security benefits taxation remains based on provisional income and set thresholds. Seniors aged 65+ may claim…
How to Calculate Taxable Social Security Benefits Using Provisional Income
For 2025, Social Security benefits taxation rules remain unchanged, with thresholds fixed since 1993. Taxable amounts depend on provisional income,…
New USCIS Rules for Green Card Holders Effective May 2025
Effective 2025, Green Card renewals require the Form I-90 edition 01/20/25, and medical form I-693 must be current. A 1%…
German Government Plans to Roll Back 2024 Flight Tax Hike
Germany’s coalition government plans to undo a 20% aviation tax hike imposed in 2024, aiming for lower airfares, restored routes,…
Understanding the SECURE Act’s 10-Year Rule for Inherited IRAs After 2019
Inherited IRAs after December 31, 2019, require most beneficiaries to withdraw funds within 10 years. Eligible designated beneficiaries can stretch…
Inherited IRA Rules for Pre-2020 Deaths Under Pre-SECURE Act
Pre-2020 inherited IRAs follow stretch IRA rules, letting beneficiaries use life expectancy for RMDs and sometimes the Five-year deferral rule.…
Understanding Inherited IRA Distributions and Tax Implications at Death
Inherited IRA rules changed under the SECURE Acts, requiring most beneficiaries to empty accounts within 10 years. Annual distributions and…
Understanding Prohibited Transactions Between Plans and Disqualified Persons
As of 2025, IRS and DOL increased enforcement on prohibited retirement plan transactions. Immigrants and fiduciaries must avoid transactions with…