Tax guidance and resources
Looking for advice on lowering your federal or state taxes? You’ve come to the right place. Plus, get news and advice related to tax brackets, property taxes, estate taxes and more.
Taxes Basics
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What is the long-term capital gains tax?
9 min read
Latest Articles
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Gross vs. net income: What you need to know to manage your finances
Knowing the difference between gross and net income can help you better manage your financial situation.
3 min read Nov 29, 2024 -
What is gross income? How it works and why it’s important
Gross income is used to determine how much you have to pay toward federal and state income taxes.
3 min read Nov 29, 2024 -
Short-term capital gains tax rates, and how to reduce your taxes
Paying attention to short-term capital gains tax rates can help you save money in the long run.
3 min read Nov 27, 2024 -
Short-term vs. long-term capital gains: How to trim your tax bill
The federal government encourages Americans to invest, but Uncle Sam wants a cut of any profits. Capital gains are the financial profit you earn when you sell an asset like a home, business or stocks and [...]
4 min read Nov 27, 2024 -
Where’s my refund? How to track your tax refund
It’s easy to track the status of your tax refund online.
4 min read Nov 27, 2024 -
Taxpayer Identification Number (TIN): What it is and how to find it
A TIN is a nine-digit number used to identify taxpayers. If you need to file taxes, you’ll need a TIN.
2 min read Nov 26, 2024 -
These 9 states have no income tax — that doesn’t always mean you’ll save money
These 9 states have no income tax, but before you move there, consider other potential costs.
6 min read Nov 26, 2024 -
Inheritance tax: How it works, and how it differs from estate tax
Only a handful of states have inheritance taxes, but it’s important to understand how they work and how they differ from estate taxes.
3 min read Nov 21, 2024 -
How to calculate taxes on an inherited annuity
Here are key things to know about inherited annuities and how to calculate taxes.
3 min read Nov 21, 2024 -
Here’s what happens if you don’t file your taxes
If you don’t file your tax return, the consequences vary depending on whether you owe a tax bill or are expecting a tax refund.
4 min read Nov 20, 2024 -
4 year-end tax planning strategies to save money in 2024 and beyond
These four year-end tax strategies can help trim your taxes for 2024 and beyond.
4 min read Nov 19, 2024 -
When are taxes due? Tax deadlines for 2024-2025
The deadline for filing your taxes in 2024 was April 15, or Oct. 15 with an extension. But if you missed those deadlines, you can still file your tax return now. The deadlines for 2025 are April 15, or [...]
3 min read Nov 18, 2024 -
What is the long-term capital gains tax?
Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.
9 min read Nov 15, 2024 -
Standard deduction for 2024-2025: How much it is, how it works and when to claim it
Typically, taxpayers have two options: Claim the standard deduction or itemize their deductions. Here’s how to choose the best option for you.
4 min read Nov 14, 2024 -
W-4 form: How to fill it out in 2024-2025
The steps you need to follow to fill out your W-4 form. The W-4 determines how much in taxes is withheld from your paychecks.
6 min read Nov 13, 2024 -
Sales tax deduction: How it works, who is eligible and how to claim it
Here’s how the sales tax deduction works, what purchases are eligible and how to claim it.
5 min read Nov 11, 2024 -
Estimated taxes: What you need to pay and when
If you earn income that isn’t subject to federal tax withholding, you probably need to pay estimated taxes.
4 min read Nov 08, 2024 -
Lower taxes, higher tariffs: What Trump’s tax plans mean for you
Trump’s tax and tariff plans could mean lower taxes for some Americans and higher costs for others.
3 min read Nov 07, 2024 -
Donation value guide for 2024
This list of common items offers an idea of what your donated clothing and household goods are worth, as suggested in the Salvation Army’s valuation guide.
3 min read Nov 04, 2024 -
Bonus tax rate 2024: How bonuses are taxed
Learn how bonus tax rates are calculated using the percentage method or aggregate method.
4 min read Nov 04, 2024
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Helpful Links
- States with no income tax
- Tips to prepare for filing season
- Tax credit vs. deduction
- Deduct child care expenses
- Use the sales tax deduction
- Claim medical expenses
- Tax deduction for charitable giving
- How to e-file taxes
- How long to get your tax return
- How to invest tax return
- Open IRA to save on taxes
- When to pay estimated taxes
- How bonuses are taxed
- Long-term capital gains tax
- Tips for paying estimated taxes
- When are taxes due?
- Do I have to file taxes?
- The best tax software