Tax guidance and resources

Latest Articles

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  The IRS has more than $1 billion in unclaimed tax refunds from 2021: Here’s how to get yours

  The IRS has more than $1 billion in unclaimed tax refunds for 2021. The deadline is fast approaching to claim yours.

  3 min read Mar 21, 2025
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  Trump tariffs latest updates: Tariffs ‘tend to bring inflation up,’ Fed Chair says

  Trump has launched an all-out trade war. Here’s the latest on what’s happening with tariffs — and what it all means for your wallet.

  4 min read Mar 19, 2025
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  Sales tax: Definition, how it works and how to calculate it

  Sales tax is a type of consumption tax, meaning it taxes people for spending money. Here’s how to calculate it.

  4 min read Mar 19, 2025
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  These 5 states don’t levy sales tax, but watch for other taxes

  Five U.S. states don’t charge sales tax, but there are other taxes to watch for.

  3 min read Mar 18, 2025
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  Trump and the expiration of the TCJA: Here’s what’s next for your tax bill

  The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could happen.

  5 min read Mar 18, 2025
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  Cryptocurrency taxes: A guide to tax rules for Bitcoin, Ethereum and more

  The IRS is stepping up enforcement on potential tax evasion by looking more closely at who’s exchanging cryptocurrencies.

  6 min read Mar 17, 2025
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  5 tax deductions you can claim without itemizing

  With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.

  5 min read Mar 14, 2025
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  TaxAct review 2025 (tax year 2024)

  TaxAct supports a variety of tax situations at affordable prices. Overall, it’s a great value.

  3 min read Mar 14, 2025
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  Trump’s latest tax proposal: No taxes for those earning less than $150,000

  If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.

  2 min read Mar 14, 2025
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  2024 and 2025 tax brackets and current federal income tax rates

  Find your income tax bracket and learn how to calculate your marginal tax rate and effective tax rate.

  8 min read Mar 12, 2025
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  How to file taxes for the first time: Everything you need to know

  Filing taxes for the first time may seem daunting, but it’s usually fairly simple. Here’s what you need to know.

  7 min read Mar 12, 2025
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  You won’t owe tax on these 8 types of income

  Uncle Sam will get a cut of just about all of your income, but some types do escape tax.

  2 min read Mar 07, 2025
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  How to pay your taxes: 9 ways to send a tax payment to the IRS

  If you owe money to the IRS, you have options for sending in that payment. Here are 9 ways to make a tax payment.

  4 min read Mar 07, 2025
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  Capital gains tax on real estate: Why selling your home might cost you more than you think

  Home sales may incur capital gains taxes. Here’s how to keep as much profit in your pocket as possible.

  9 min read Mar 06, 2025
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  5 tax scams to watch for this tax season — and how to stay safe

  Financial scammers can be relentless, especially at tax time. Here are tips to keep yourself safe.

  4 min read Mar 06, 2025
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  Section 179 deduction vs. bonus depreciation: How they work, how they differ

  The Section 179 deduction and bonus depreciation both let businesses write off expenses quickly. Here’s what you need to know.

  6 min read Mar 05, 2025
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  Trump’s tariffs are here — here’s who pays for these import taxes and how much prices could rise

  Trump aims to use tariffs to boost industry and fund the government. But consumers often pay the price.

  10 min read Mar 04, 2025
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  Taxable income: What it is, how to calculate it and how to reduce it

  To understand your tax bill, you need to understand taxable income, which is your gross income minus certain deductions.

  5 min read Mar 01, 2025
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  Tax deductions: How they work, how to claim them

  A tax deduction lowers the amount of your income that’s subject to tax, thus trimming your tax bill. But not all tax deductions are alike.

  3 min read Feb 28, 2025
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  Can’t pay the IRS what you owe? 4 ways to avoid major penalties

  If you can’t pay your tax bill, consider these four strategies for reducing major penalties.

  6 min read Feb 27, 2025