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
Editor's Picks
Latest Articles
-
Will inherited IRA RMD impact my ability to get the Obamacare premium tax credit?
The distributions you must take from the inherited IRAs likely won’t impact your tax credit.
3 min read Mar 04, 2022 -
Rules for claiming parents as dependents if they just arrived in the US
You need to meet 5 requirements to claim your parents as dependents.
2 min read Dec 16, 2021 -
You can pay asset management fees from your IRA or with other assets
You won’t owe taxes if you pay fees from your IRA. In fact, there may be other tax breaks.
2 min read Sep 28, 2021 -
I had an employment agreement with my boss but got a Form 1099. What now?
If you had an employment agreement, you can dispute the receipt of Form 1099. Here’s how.
2 min read Dec 17, 2020 -
FSA saves money, cuts taxes
Find out how one of the most popular tax benefits for families, an FSA, can help you.
5 min read Mar 11, 2022 -
Tax exclusion for savings bonds simplified
Plan to tap savings bonds to pay for education? Avoid getting schooled by the taxman.
2 min read Dec 17, 2020 -
Domestic violence complicates tax problems
In considering innocent-spouse relief, the IRS takes spousal abuse into account.
2 min read Dec 17, 2020 -
Taxed already for a 401(k) distribution. Will I get hit again when I file taxes?
You’ll get credit for the taxes you paid on the withdrawal, but it may not be enough.
2 min read Sep 28, 2021 -
Name, ID number must match on taxes
Nonmatching name and Social Security number on a tax return could mean costly problems.
2 min read Dec 16, 2021 -
The FBAR filing requirements for an authorized signatory on a foreign bank account
If you have signature authority over a foreign account, you may have to report it.
3 min read Sep 23, 2021 -
Tax help for business, pleasure trips
A vacation can be even more satisfying when you get financial help via the tax code.
4 min read Jan 12, 2021 -
Tax breaks dead until Congress revives them
More than 50 tax provisions have expired. Will Congress renew them?
3 min read Apr 16, 2022 -
Must we always pay tax for withdrawing retirement income?
In most cases, you have to pay taxes on retirement income withdrawals. Here’s how it works.
2 min read Apr 16, 2022 -
How do we report taxes on home confiscated via eminent domain?
You can report your home’s sale when the deed transfers, and postpone reporting the gain.
3 min read Apr 16, 2022 -
Does a new roof count toward a tax credit on a solar energy system?
Uncle Sam wants you to have an energy-efficient home and helps pay for certain costs.
2 min read Feb 08, 2022 -
Sales tax holiday in Massachusetts
Massachusetts’ sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Apr 16, 2022 -
Sales tax holiday in Ohio
Ohio’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Jul 07, 2020 -
Sales tax holiday in Oklahoma
Oklahoma’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Jul 07, 2020 -
Sales tax holiday Virginia
Virginia’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Jul 07, 2020 -
Sales tax holiday in Connecticut
Connecticut’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Jul 07, 2020
Related Topics
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