Tax guidance and resources

Latest Articles

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  How long you should keep tax returns and other IRS records

  Here’s what to know about records to hang on to and how long you should keep them.

  4 min read Oct 08, 2021
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  The most common tax scams and how to report them

  Financial scams exist throughout the year but escalate before and during tax season.

  3 min read Oct 08, 2021
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  Medical expense deduction: How to claim medical expenses on your taxes

  You may be able to deduct certain medical expenses if they meet IRS requirements.

  4 min read Oct 08, 2021
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  Tax credits vs. tax deductions: What’s the difference?

  Knowing the difference can save you money come tax time.

  3 min read Oct 05, 2021
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  12 ways to lower your taxable income this year

  There are a number of steps you can take to ensure you don’t pay the IRS more than you have to.

  2 min read Oct 05, 2021
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  Standard deduction vs. itemized deduction: Pros and cons, and how to decide

  You have to do some math to determine which method to use, but it’s worth it.

  3 min read Oct 04, 2021
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  What happens if you can’t pay your taxes?

  If you owe taxes but can’t afford to pay them, you have a few options.

  3 min read Oct 04, 2021
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  How to file your taxes online

  Most taxpayers already file electronically. Here’s a look at all the e-file options.

  4 min read Sep 23, 2021
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  Tax withholding definition: When and how to adjust your IRS tax withholding

  The goal is to have just the right amount withheld – as close as possible to your actual tax liability.

  4 min read Sep 23, 2021
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  Charitable contributions: How to get a tax deduction for charitable giving

  You can get a tax break for donating money. Here’s what you need to know.

  5 min read Sep 22, 2021
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  These 9 states have no income tax — here’s what to consider before moving there

  Looking for ways to lower your tax bill? Consider moving to one of these states.

  4 min read Sep 17, 2021
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  Estate taxes: Will the step up in basis be eliminated? Here’s what to know and how to prepare

  People who inherit homes will want to pay close attention to this proposal.

  3 min read May 25, 2021
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  Biden’s proposed Child Tax Credit extension: See if you’d qualify for the ramped-up credit

  The bill proposes making the credit permanently fully refundable. Here’s what to know.

  3 min read Apr 29, 2021
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  3 ways Biden’s American Families Plans could change your taxes

  The proposal includes changes to long-term capital gains and more.

  5 min read Apr 29, 2021
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  IRS will extend 2020 income tax filing deadline to May 17

  It is the second year in a row that filings have been extended for taxpayers.

  1 min read Mar 17, 2021
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  IRS delays the start of tax filing season until Feb. 12

  The agency usually starts accepting tax returns in late January.

  1 min read Jan 15, 2021
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  2019 tax brackets

  For taxes due July 15, 2020, taxpayers fell into one of these brackets.

  1 min read Nov 04, 2020
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  2018 tax brackets

  For 2018, taxpayers fell into one of seven brackets.

  1 min read Nov 04, 2020
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  Hit hard by the alternative minimum tax (AMT)? Here are 6 ways to reduce how much you owe

  While it was designed to catch wealthy tax avoiders, the AMT may unwittingly snare many others too.

  4 min read Oct 02, 2020
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  5 ways your taxes could change if Biden is elected — and how taxpayers should prepare

  The former vice president’s approach would be dramatically different from President Donald Trump’s.

  7 min read Oct 01, 2020