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

2024-2025 tax brackets

Find your income tax bracket for 2024 and 2025 to learn the rates at which you can expect to be taxed in the US.

9 min read

EIN: What it is, how to get one

If you’re running a business, you’ll probably want to apply for an EIN, or employer identification number.

3 min read

How to deduct property taxes

The property tax deduction can trim your taxable income by as much as $10,000, if you itemize your deductions.

4 min read

What is the IRS?

Since 1862, the IRS, in one form or another, has been responsible for collecting taxes in the U.S.

4 min read

Latest Articles

Alternative minimum tax 2024-2025: What it is and who has to pay

The AMT has its own set of tax rates and requires a separate calculation.

2 min read Oct 25, 2024
Can a Roth IRA be used for college?

Here’s how to use a Roth IRA to pay for your child’s college tuition.

5 min read Oct 21, 2024
2023 tax brackets

Info on 2023 federal tax brackets

1 min read Oct 21, 2024
How student loans impact your taxes

There are a few ways to include your student loans while filing your taxes.

6 min read Sep 30, 2024
What to know about financial insolvency

Insolvency is a difficult financial situation, but it doesn’t have to last forever.

6 min read Aug 19, 2024
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 04, 2024
7 top tax tips for investors

Pay particular attention to these areas and you may find some new ways to save on what you owe.

5 min read Mar 29, 2024
Need to report cryptocurrency on your taxes? Here’s how to use Form 8949 to do it

Here’s what to know about declaring your capital gains and losses when using Form 8949.

6 min read Mar 27, 2024
How are mutual funds taxed? 4 ways to minimize your tax bill

Mutual fund taxes can be complicated. Here’s what you need to know.

3 min read Mar 27, 2024
Donor-advised funds: A popular tax-advantaged way to give to charity

Here’s how a donor-advised fund works and why it may be an attractive option for the wealthy.

5 min read Mar 27, 2024
NFT tax guide: 6 top tips for non-fungible token creators and investors

Here are six things that those involved in creating and trading NFTs need to know.

5 min read Mar 26, 2024
Wash-sale rule: What to avoid when selling your losing investments

Here’s what a wash sale is and how to easily avoid it while securing your tax write-off.

6 min read Mar 22, 2024
Personal loans: Are they taxable income?

What to know about the tax impacts of personal loans

4 min read Feb 23, 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
2022 tax brackets

Reviewing your 2022 taxes and wondering about your tax bracket? Bankrate can help.

Nov 13, 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
2021 tax brackets

Reviewing your 2021 taxes and have questions about your tax bracket? Bankrate can help.

Jan 17, 2023
What is an LLC?

An LLC can simplify tax filing and reduce the legal liability of its members.

3 min read Nov 11, 2022
Missed the tax deadline? Here’s what you should do

If you haven’t filed your taxes yet, don’t panic — but act fast.

4 min read Apr 19, 2022