A person must take a Required Minimum Distribution (RMD) from their IRA each year once they reach age 70.5.

For 2016 planning, your estimated taxable income determines which of the seven federal tax brackets will apply.

As we get older we must adjust for wrinkles, gray hair, vision and hearing loss and general aches and pains. There are, however, some financial benefits to ageing!

A taxpayer has been charged with mailing a threatening communication

The Tax Foundation has been publishing “Facts & Figures” since 1941.

Americans will spend more on taxes in 2016 than they will on food, clothing, and housing combined.