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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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.
The “big, beautiful bill” changed the reporting thresholds for 1099-Ks. Here’s what you should know if you get paid through Venmo, PayPal, Cash App or another payment app.
Here are the 5 states with the highest income tax rates, and the 5 states with the lowest.
The reach of the IRS is long: Even if you live abroad, you’ll usually still need to file a U.S. tax return. But there are ways to reduce or even avoid a U.S. tax bill.
The huge new tax law limits the ability to deduct losses from sports betting and other types of gambling. Here’s what you need to know.
You can get a tax break for charitable contributions of money and other items. Here’s what you need to know.
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.
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 AMT, or alternative minimum tax, has its own set of tax rates and rules. Here’s how it works, how to calculate your bill, and the changes coming in 2026.
With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.
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.