Taxes Basics
Long-term capital gains tax basics
Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.
What is gross income?
A person’s gross income is used to determine how much they have to pay toward federal and state income taxes.
Biden eyes Child Tax Credit change
The bill proposes making the credit permanently fully refundable. Here’s what to know.
Cryptocurrency taxes: A guide
The IRS is stepping up enforcement on potential tax evasion by looking more closely at who’s exchanging cryptocurrencies.
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Latest Articles
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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.
4 min read Jan 28, 2021
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2020-2021 gift tax: What it is, how it works and who has to pay it
A special tax return is triggered if you give a gift and exceed the gift tax limit.
3 min read Jan 22, 2021
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IRS delays the start of tax filing season until Feb. 12
The agency usually starts accepting tax returns in late January.
1 min read Jan 15, 2021
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See which tax credits you qualify for
Tax credits are subtracted directly from your tax bill and can create substantial savings on your taxes.
4 min read Jan 09, 2021
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2021 Form W-4: How to fill it out
This guide will walk you through how to fill out the form and other considerations.
3 min read Jan 09, 2021
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Modified adjusted gross income (MAGI): What it is and how to calculate it
You’ll need to know your MAGI to determine whether you qualify for certain tax benefits.
2 min read Jan 09, 2021
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Marginal vs. effective tax rate: What’s the difference?
These both help taxpayers understand how much they owe the IRS.
3 min read Jan 09, 2021
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How student loans impact your taxes
There are a few ways to include your student loans while filing your taxes.
6 min read Jan 09, 2021
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9 states with no income tax
Looking for ways to lower your tax bill? Consider moving to one of these states.
2 min read Jan 09, 2021
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Is credit card interest tax-deductible?
Credit card interest on personal credit cards is not tax deductible, but interest on any card used exclusively for business purchases may be eligible for tax deductions.
2 min read Jan 04, 2021