Tax guidance and resources

Latest Articles

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  Trump tariffs latest updates: U.S. and China agree to slash tariffs in three-month reprieve

  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.

  18 min read May 12, 2025
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  Trump’s tax plan: The latest on the ‘big, beautiful’ tax bill, and what to expect for your taxes in 2025 and beyond

  U.S. lawmakers are working to make major tax-law changes in 2025. Here’s how your taxes may change.

  6 min read May 12, 2025
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  Short-term vs. long-term capital gains: How to trim your tax bill

  It pays to know the difference between short-term and long-term capital gains.

  6 min read May 12, 2025
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  Estate tax: What it is and who pays

  When someone dies, the assets they leave behind are subject to the estate tax. But only if the total value exceeds an exemption amount.

  5 min read May 11, 2025
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  Independent contractor vs. employee: How taxes are different for each

  Whether you’re classified as an independent contractor or an employee will have a major effect on your taxes.

  5 min read May 08, 2025
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  Form 5498: What it is and who has to file it

  You don’t have to file Form 5498, but it’s a key tax form to keep for your IRA records.

  4 min read May 05, 2025
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  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.

  4 min read May 02, 2025
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  Tax Levy: What it is and how to deal with it

  A tax levy is the next step after a tax lien, and it means your wages, financial accounts and other property may be seized by the IRS.

  3 min read Apr 29, 2025
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  Taxes on traditional and Roth IRA and 401(k) withdrawals: What you should know

  Retirement accounts such as Roth and traditional IRAs and 401(k)s are a great way to save, but mind the tax rules on withdrawals.

  7 min read Apr 28, 2025
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  The 1099 tax form: A guide for freelancers and contractors

  Many taxpayers receive a Form 1099 at tax time. Here are the common types of 1099s, and what to do if you get one.

  5 min read Apr 26, 2025
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  Schedule C: Who has to file it and how it works

  Schedule C is for sole proprietors, including freelancers and independent contractors, to report their income and expenses.

  3 min read Apr 26, 2025
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  Do I have to file taxes? Here’s how to figure out if you should file a tax return

  If your income hits a specified level, you’re required to file a tax return. But it can make sense to file no matter what your income.

  6 min read Apr 25, 2025
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  Tax credits are a valuable tool to trim your tax bill — here’s how they work

  Tax credits can help you save big on your taxes. Here’s how they work and how to qualify.

  6 min read Apr 25, 2025
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  Tax withholding: How to adjust what’s withheld from your paycheck for taxes

  If you got a big tax bill or refund, consider adjusting how much money is withheld from your paycheck for taxes.

  5 min read Apr 25, 2025
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  Missed the tax deadline? Here are your best next steps

  If you haven’t filed your taxes yet, don’t panic. But do consider these steps to avoid penalties and interest.

  4 min read Apr 24, 2025
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  Is credit card interest tax-deductible?

  Interest paid on outstanding student loan debt, mortgage and home equity loan debt, business expenses, and interest on money borrowed to purchase investment property qualifies for a deduction.

  3 min read Apr 23, 2025
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  2024-2025 tax brackets and federal income tax rates

  Find your federal income tax bracket for 2024 and 2025 to understand what your tax rate is.

  9 min read Apr 23, 2025
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  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 Apr 22, 2025
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  Charitable contributions: How to get a tax deduction for your donations

  You can get a tax break for charitable contributions of money and other items. Here’s what you need to know.

  6 min read Apr 18, 2025
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  What is adjusted gross income (AGI), and why does it matter?

  Your adjusted gross income, or AGI, is your gross income minus a handful of items. Here’s how it works.

  3 min read Apr 17, 2025