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

What is your marginal tax rate?

In a progressive tax system like ours, more than one tax rate applies to your income. Your marginal rate is your top tax rate.

5 min read

How estimated tax payments work

If you’re self-employed, you’ll need to make estimated tax payments. Here’s how to figure out how much you owe and when it’s due.

4 min read

Standard deduction in 2024 and 2025

The standard deduction is a valuable tax benefit, and one of the easiest to claim. Here’s what you need to know.

5 min read

What is an excise tax?

Excise taxes apply only to specific products. They may be charged either as a percentage of a sale or on a per-unit basis.

3 min read

Latest Articles

Electric vehicle (EV) tax credit hits a dead end under Trump’s megabill

The valuable electric vehicle tax credit for new and used EVs is set to end after September. Here’s how these credits work and who qualifies.

3 min read Jul 07, 2025
Trump signs massive megabill into law — here’s what it means for your money

President Trump’s sweeping new tax law includes many provisions that go into effect in 2025. Here’s what you should know.

6 min read Jul 05, 2025
No tax on tips and overtime: Here’s how your taxes may shrink

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed into law on July 4. But some workers may not see any benefit.

4 min read Jul 04, 2025
Marginal tax rate: What it is and how to find yours

In a progressive tax system like ours, more than one tax rate applies to your income. Your marginal rate is your top tax rate.

5 min read Jul 02, 2025
Estimated tax payments: How much you need to pay, and when

If you’re self-employed, you’ll need to make estimated tax payments. Here’s how to figure out how much you owe and when it’s due.

4 min read Jul 02, 2025
Senate’s ‘big beautiful’ bill trims popular tax breaks — 4 ways it could impact your taxes

U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s version of the “big, beautiful” act challenging the House version of the bill on some key provisions.

4 min read Jul 01, 2025
Standard deduction in 2024 and 2025: How much it is, how it works and when to claim it

The standard deduction is a valuable tax benefit, and one of the easiest to claim. Here’s what you need to know.

5 min read Jun 30, 2025
Excise tax: What it is and how it works

Excise taxes apply only to specific products. They may be charged either as a percentage of a sale or on a per-unit basis.

3 min read Jun 30, 2025
7 ways to lower your taxable income this year — and trim your 2025 tax bill

If you want to trim your 2025 tax bill, now is the time to take steps to reduce your taxable income.

4 min read Jun 30, 2025
Consumption tax: What it is, how it works and why it matters

A consumption tax applies to the purchase of a good or service. Sales taxes are a type of consumption tax.

3 min read Jun 30, 2025
These 9 states have no income tax — that doesn’t always mean you’ll save money

These 9 states have no income tax, but before you move there, keep in mind that taxes shouldn’t be your only consideration.

7 min read Jun 29, 2025
Tax attorney: What they do and how to find one

If you need help with a tax debt or dispute, creating an estate plan, starting a business, or another legal question related to taxes, a tax attorney might be able to help.

4 min read Jun 26, 2025
Where’s my tax refund? How to track your refund

Most refunds are sent out within 21 days. If you’re wondering where your tax refund is, you can track it online.

5 min read Jun 26, 2025
2024-2025 tax brackets and federal income tax rates

Knowing your federal income tax bracket can help you manage your money better. Here are the federal tax brackets and income tax rates for 2025 and 2024.

8 min read Jun 26, 2025
What is adjusted gross income (AGI) and why does it matter?

Your adjusted gross income, or AGI, is your gross income minus a handful of items. Here’s how it works and why it matters.

4 min read Jun 23, 2025
Tax fraud: What it is and what you should know to avoid scams

Tax fraud can come with hefty penalties and fines, even jail time. Tax evasion is a type of fraud. But tax avoidance is legal.

3 min read Jun 23, 2025
Can a Roth IRA be used for college?

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

6 min read Jun 23, 2025
How to qualify for student loan interest deduction

Learn about tax deductions and credits for student loans and higher education expenses

7 min read Jun 23, 2025
Tax evasion is illegal, but tax avoidance? That’s smart financial planning — here’s what you should know

Al Capone may be the face of tax evasion and all that can go wrong if you purposefully don’t pay your taxes. But tax avoidance is legal, and even encouraged by financial experts.

4 min read Jun 20, 2025
New charitable giving tax deduction worth up to $2,000 could soon be on the way for millions of filers

Millions of taxpayers may soon benefit from a new tax deduction worth up to $2,000 for qualified charitable contributions.

3 min read Jun 19, 2025