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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.
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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 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.
The Section 179 deduction and bonus depreciation both let businesses write off expenses quickly. Here’s what you need to know.
These 10 tax credits and deductions can help you trim your tax bill and, in some cases, even boost your refund.
When disaster strikes, taxes may be the last thing on your mind. But the casualty loss deduction can offer much-needed financial relief.
In many cases, keeping tax records for three years is long enough, but there are a few exceptions.
The IRS has more than $1 billion in unclaimed tax refunds for 2021. The deadline is fast approaching to claim yours.
The April 15 tax deadline is fast approaching. Here’s what you should know to file your taxes this year.
These three tax tips are popular on TikTok, but they could get you in trouble with the IRS.
If you haven’t yet filed your taxes, now is a good time to think about filing a tax extension.
Trump’s tariffs are here. The U.S. economy — and consumers — may pay the price.
The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could happen.
If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.
Financial scammers can be relentless, especially at tax time. Here are tips to keep yourself safe.