Pub. L. No. 119-21, enacted on July 4, 2025, marks a sweeping overhaul of the United States Internal Revenue Code of 1986 (Code). Fulfilling a major campaign promise of the Trump Administration, the ...

The "stretch IRA" is gone for most beneficiaries who inherit IRAs from people who aren't their spouses. Before 2020, deceased owners of traditional IRAs could leave their accounts to their kids, ...

Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report, Fortune, ...

IRS rulings and new Tax Court decisions tighten limits on using limited-partner status to avoid Medicare taxes. Here’s what ...