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
-
2024 gift tax rate: What it is, how it works and who has to pay it
The gift tax imposes a tax on large gifts, preventing large transfers of wealth without any tax implications.
4 min read Oct 28, 2024 -
What is the kiddie tax and how does it work?
Here’s what you need to know about the kiddie tax, how it works and who pays it.
3 min read Feb 05, 2024 -
TurboTax review 2024 (tax year 2023)
TurboTax offers comprehensive tax filing support for a slightly higher price.
4 min read Dec 01, 2023 -
H&R Block review 2024 (tax year 2023)
H&R Block is the best bet for those who qualify for the free edition and want the convenience of multiple filing options.
3 min read Dec 01, 2023 -
Reduce your taxes with these last-minute moves before the end of the year
Take heed, taxpayers. Time is running out on these moves.
5 min read Nov 30, 2023 -
2022 tax brackets
Reviewing your 2022 taxes and wondering about your tax bracket? Bankrate can help.
Nov 13, 2023 -
Are credit card fees tax deductible?
Which credit card fees can you deduct for tax purposes?
2 min read May 03, 2023 -
Donation value guide for 2022
This list of some common items offers an idea of what your donated clothing and household goods are worth, as suggested in the Salvation Army’s valuation guide.
2 min read Mar 27, 2023 -
This was the average tax refund last filing season
The average tax return for the 2020 tax year was $2,827, a 13.24 percent increase from the previous year.
2 min read Mar 10, 2023 -
Child tax credit: Here’s what to know for 2023
Taxpayers with dependents can still take advantage of the child tax credit this year.
4 min read Mar 07, 2023 -
What happens if you don’t file taxes?
Regardless of what may cause a person to miss the tax-filing deadline, there are potential consequences.
5 min read Mar 03, 2023 -
Standard deduction amount for 2022-2023: How much it is and when to take it
Typically, taxpayers have two options: Take the itemized deductions or take the standard deduction.
3 min read May 02, 2023 -
Survey: 69% of tax filers are anxious about their refunds due to inflation, smaller payouts and more
How much do Americans depend on their tax refunds? A lot, according to a new Bankrate survey.
7 min read Mar 01, 2023 -
How to use a personal loan to pay your tax bill
If you owe money to the IRS, you may want to consider taking out a personal loan.
5 min read Feb 28, 2023 -
What is net income? Definition and how to calculate it
Net income provides a more accurate account of the financial status. Here’s why.
2 min read Feb 14, 2023 -
When are taxes due? Tax deadlines for 2023
The deadline for filing your 2022 taxes is April 18, 2023. A 6-month extension can be granted.
2 min read May 02, 2023 -
Tax season 2023: Everything to know before you file and how to get your refund fast
There are some big tax changes this year. Here’s what you need to know.
6 min read May 02, 2023 -
The best tax software of 2023
Choosing a tax software provider can be confusing and challenging. Bankrate cuts through the noise for you.
10 min read May 11, 2023 -
Bonus tax rate 2022: How bonuses are taxed
Learn about how bonus tax rates are calculated using the percentage method or aggregate method.
3 min read Jan 23, 2023 -
2021 tax brackets
Reviewing your 2021 taxes and have questions about your tax bracket? Bankrate can help.
Feb 22, 2023
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