Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

While the holidays are still several weeks away, ’tis the season for year-end tax planning. That may not sound particularly ...

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

Adjusted gross income is an amount that takes your total, or gross income, and makes certain adjustments to determine your income for certain tax break qualifications. Image source: The Motley Fool ...

The Social Security Administration has announced significant changes that impact millions of beneficiaries as well as high earners.

Adjusted gross income is one of the most important numbers when it comes to taxes. While your taxable income is used to determine how much tax you owe on your federal income tax return, your AGI plays ...

Most states don’t tax Social Security, but rules vary in the 9 that do. Get up-to-date exemptions, thresholds and new ...

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...

For individuals, net income is the amount remaining post-deductions and taxes, often reflected on a paycheck stub as the take-home pay. Although net income and adjusted gross income (AGI) are related, ...

The 2017 Tax Cuts and Jobs Act has resulted in numerous changes to the tax laws— both on the individual and business levels. Some of the most impactful changes affecting 2018 and beyond are those ...