tax planning

5 things to know when filing season opens

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Damercodec | E + | Getty Images This is an excerpt from the Personal Finance Team’s weekly Twitter space, “This Week, Your Portfolio.” Check out the latest episode hereand continuing every Friday at 11 a.m. ET. tax season Launched Jan 23. The IRS expects taxpayers to file More than 168 million returnees, most of them … Read more

Here’s how to report Roth IRA transfers on your taxes

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If you made a transfer to a Roth individual retirement account in 2022, you may have a more complex tax return this season, experts say. Pre-tax transfer strategy Non-deductible IRA Funds to a Roth IRA for tax-free future growth tend to be more common during a Stock market downturn Because you can transfer more assets … Read more