Tax guidance and resources

Latest Articles

• 

  Alternative minimum tax 2022-2023: What it is and who has to pay

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

  3 min read Mar 21, 2023
• 

  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 Mar 10, 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 06, 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 Mar 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.

  8 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
• 

  Are personal loans taxable and considered income?

  In some cases, you should be prepared to pay taxes on your personal loan.

  2 min read Feb 27, 2023
• 

  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.

  6 min read Feb 27, 2023
• 

  Marginal vs. effective tax rate: What’s the difference?

  These both help taxpayers understand how much they owe the IRS.

  3 min read Feb 27, 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 Feb 13, 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 Feb 06, 2023
• 

  What is the net investment income tax and who has to pay it?

  Here’s how this tax works and some strategies to minimize the potential hit.

  3 min read Jan 30, 2023
• 

  The best tax software of 2023

  Choosing a tax software provider can be confusing and challenging. Bankrate cuts through the noise for you.

  4 min read Jan 27, 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
• 

  2022-2023 tax brackets and federal income tax rates

  Filing your 2022 taxes and unsure about your tax bracket? Bankrate can help.

  4 min read Jan 17, 2023
• 

  2021 tax brackets

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

  1 min read Jan 17, 2023
• 

  Tax refund schedule 2023: How long it takes to get your tax refund

  Discover how long it may take to receive your tax refund in 2023.

  3 min read Jan 12, 2023