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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.
Net income provides a more accurate account of the financial status. Here’s why.
Learn how these differ and how they both can impact your budget.
Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.
A person’s gross income is used to determine how much they have to pay toward federal and state income taxes.
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People who inherit homes will want to pay close attention to this proposal.
The bill proposes making the credit permanently fully refundable. Here’s what to know.
The proposal includes changes to long-term capital gains and more.
It’s not too late to get a tax deduction for your IRA contributions.
The IRS is stepping up enforcement on potential tax evasion by looking more closely at who’s exchanging cryptocurrencies.
The deadline for filing your 2020 taxes is May 17, 2021. Here’s what else to know.
It is the second year in a row that filings have been extended for taxpayers.
If you owe money to the IRS, you may want to consider taking out a personal loan.
A special tax return is triggered if you give a gift and exceed the gift tax limit.
The agency usually starts accepting tax returns in late January.