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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Latest Articles
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Pay tax twice for foreign rental property?
The U.S. maintains treaties with foreign countries to prevent double taxation on the same income.
1 min read Apr 06, 2022 -
Capital gains on sale of money pit
The insurance settlement for a sinkhole and subsequent sale are treated as the sale of your home.
1 min read Sep 03, 2021 -
Audio: Cities with the highest sales tax rates
High sales tax cities and states can eat away at savings.
1 min read Sep 02, 2021 -
Obama, GOP reach tax deal
The current tax rates and other Bush-era provisions will likely be in place for another two years.
2 min read Oct 23, 2019 -
Capital gain exclusion applies to foreign home
U.S. citizens living abroad pay tax on income and gains, though foreign home gain may be excluded.
2 min read Sep 03, 2021 -
Workers’ comp from agency not taxed
The general rule is that workers’ compensation benefits are tax-exempt to the recipient.
3 min read Oct 23, 2019 -
How cafeteria plan benefits are taxed
If you pay insurance premiums with after-tax money, your benefits should not be cut by payroll taxes.
2 min read Mar 11, 2022 -
6 tips to make a case for property tax cut
Your property taxes might be high, but there are ways to reduce them.
4 min read Apr 06, 2022 -
Audio: Best, worst states for business?
States with business-friendly tax systems will successful in attracting new companies.
1 min read Sep 02, 2021 -
Figuring required minimum distributions
Here’s a breakdown of options when figuring your IRA’s required minimum distribution.
2 min read Mar 11, 2022 -
5 questions to ask your tax attorney
Do you need a tax attorney? Here are five questions to ask to find the right one for your situation.
1 min read Jan 24, 2021 -
5 tax moves to make now
No matter what happens in Congress, these tax moves could save you money.
3 min read Apr 11, 2022 -
3 lesser known ways to save on taxes
Learn three often overlooked strategies for reducing your tax bill.
1 min read Mar 11, 2022 -
Converting a traditional IRA to a Roth IRA
It may be a good opportunity for folks to convert an IRA with nondeductible contributions to a Roth IRA.
2 min read Mar 11, 2022 -
One way to avoid IRA early withdrawal penalty
You can tap IRA money early without paying a tax penalty if you annuitize it in an IRS-sanctioned way.
2 min read Mar 11, 2022 -
401(k) withdrawal rules can be tricky
You lose the separation-from-service exception to avoid a tax penalty if you roll over funds to an IRA.
2 min read Mar 11, 2022 -
Tax law means bigger 2011 paychecks
Make sure your employer is withholding the lower tax rate on your 2011 paycheck.
1 min read Oct 23, 2019 -
How expiring Bush tax cuts will affect you
If the Bush tax cuts disappear altogether, it will affect everyone on the socioeconomic scale.
4 min read Apr 11, 2022 -
Highest sales tax rates in the country
Are you moving or planning a vacation? Learn which U.S. cities have the highest sales tax rates.
1 min read Sep 02, 2021 -
Avoiding an early SEP IRA withdrawal penalty
One man could have avoided paying income taxes if he’d restructured his retirement plan differently.
2 min read Mar 11, 2022
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