Tax guidance and resources

Latest Articles

• What is gross income? How it works and why it’s important

  A person’s gross income is used to determine how much they have to pay toward federal and state income taxes.

  3 min read Jun 02, 2021

  

• 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

  

• What is the long-term capital gains tax?

  Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.

  9 min read Apr 30, 2021

  

• 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

  

• 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

  

• Open an IRA before the tax deadline to save on taxes

  It’s not too late to get a tax deduction for your IRA contributions.

  4 min read Apr 09, 2021

  

• Cryptocurrency taxes: A guide to tax rules for Bitcoin, Ethereum and more

  The IRS is stepping up enforcement on potential tax evasion by looking more closely at who’s exchanging cryptocurrencies.

  5 min read Apr 01, 2021

  

• When are taxes due? Tax deadlines for 2021

  The deadline for filing your 2020 taxes is May 17, 2021. Here’s what else to know.

  2 min read Mar 18, 2021

  

• 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

  

• 2020-2021 federal income tax brackets and rates

  View IRS income tax brackets for single, married and head of household filings.

  3 min read Feb 12, 2021