Taxes
14 states have a flat tax and more states are joining them — here’s what it means for you
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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.
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Certain windfalls and profits are considered capital gains. Here’s how to determine what you’ll owe.
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.
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.
Lawmakers have introduced a new bill that aims to permanently end taxes on Social Security benefits. High-income earners may not like it.
These 10 tax credits and deductions can help you trim your tax bill and, in some cases, even boost your refund.
Don’t miss these important tax statements, which will arrive via email or snail mail.
Setting up a payment plan with the IRS is easy to do in most situations, and it can save you money in the long term.
If you made a mistake on your tax return, Form 1040-X will help you fix it.
You may get hit with an IRS underpayment penalty if you don’t pay enough in taxes throughout the year. Here’s how to avoid it.
This popular tax break can be worth up to $8,046 for some families in 2025, but it can be tricky to claim.
The home office tax deduction can trim your tax bill, if you qualify for it.
Should you file your taxes as “married filing jointly” or “married filing separately?” Here’s how to decide.
The deadline for filing your 2024 tax return is April 15, or Oct. 15 with an extension.
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.