The interest income earned from these bonds is exempt from federal taxes and, in some cases, state and local taxes as well.

According to the IRS, you must report all taxable and tax-exempt interest you earned on your federal income tax return ... savings account interest rates to find higher-yield accounts to make ...

Most bond funds, when held in a taxable brokerage account, are tax-inefficient, with income taxed at ordinary federal and ...

Elfun Tax Exempt Income Fund earns an Average ... The investment seeks a high level of current interest income exempt from federal income taxation as is available from a concentration of ...

which is the total of adjusted gross income and tax-exempt interest income. To determine the premiums it assigns, Medicare uses someone’s federal tax return from the Internal Revenue Service (IRS).

Defense Credit Union Council (DCUC) sent a letter to the U.S. Senate Committee on Finance ahead of the upcoming hearing titled “The 2025 Tax Policy ...

Brady Ware's Mark Kassens on strategies to take advantage of the estate and gift tax exemption as it currently stands.

The rise in tax-exempt credit unions acquiring tax-paying community banks violates federal tax exemption, ICBA argues The ...

While advisors brace for the potential halving of the estate tax exemption, most taxpayers have a bigger concern.