Taxes
Section 179 deduction vs. bonus depreciation: How they work, how they differ
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The standard deduction is a valuable tax benefit, and one of the easiest to claim. And it got a boost in the 2025 tax law.
The deadline for filing your 2025 tax return is April 15, 2026, or Oct. 15 with an extension.
Knowing your federal income tax bracket can help you manage your money. Here are the federal tax brackets and income tax rates for 2026, 2025 and 2024.
Certain windfalls and profits are considered capital gains. Here’s how to determine what you’ll owe.
If you want to trim your 2025 tax bill, now is the time to take steps to reduce your taxable income.
The valuable electric vehicle tax credit for new and used EVs is about to end. Here’s what you should do now if you want to qualify.
The Section 179 deduction and bonus depreciation both let businesses write off expenses quickly. Here’s what you need to know.
A growing number of states are moving to a flat tax system to collect income taxes. That can be good news for taxpayers, but there are potential downsides.
The child and dependent care credit can help parents recoup some of the steep costs of child care, and a new tax law increased how much this tax credit is worth.
The adoption tax credit can go a long way to reducing the costs of adopting a child. And now up to $5,000 of this tax credit is refundable.
When someone dies, the assets they leave behind are subject to the estate tax. But only if the estate’s total value exceeds a multimillion-dollar exemption amount.
Employers can choose one of two options when calculating taxes on your bonus. Here’s how bonuses are taxed, and how to lower your tax bill.
There are many different types of tax preparers. Here’s how to decide whether a CPA, an enrolled agent, a tax accountant or another type of tax pro is best for you.
You can get a tax break for charitable contributions of money and other items. Here’s what you need to know.
Here’s what you need to know about the kiddie tax, including how it works and who pays it.
The additional child tax credit can mean an extra $1,700 in your pocket, if you qualify.
If you want to trim your 2025 tax bill, now is the time to take steps to reduce your taxable income.
The valuable electric vehicle tax credit for new and used EVs is about to end. Here’s what you should do now if you want to qualify.
A growing number of states are moving to a flat tax system to collect income taxes. That can be good news for taxpayers, but there are potential downsides.
Lawmakers have introduced a new bill that aims to permanently end taxes on Social Security benefits. High-income earners may not like it.
New tax breaks on tip income and overtime pay go into effect this year. Event planners, hairdressers, handymen and Uber drivers are among those who qualify for no tax on tips.
The Oct. 15 tax deadline is coming up fast for anyone who filed an extension. Here are 4 tips to help you get ready to file your tax return.
It’s back-to-school season, and expenses add up fast. These state and federal tax breaks can help.
A new $1,700 tax credit will be available in 2027 for donations aimed at helping private school students.