Taxes
14 states have a flat tax and more states are joining them — here’s what it means for you
5 min read
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.
Explore tax basics
Do I have to file taxes? Here’s how to figure out if you should file a tax return
Taxes
Donation value guide: Calculate the value of your donated items for your taxes
Taxes
What is the long-term capital gains tax? Here are the rates for 2025-2026
Investing
Standard deduction vs. itemized deduction: Pros, cons and how to decide
Taxes
Editor's Picks
Featured by names you know and trust
Latest articles
Principally the IRS is looking to collect Social Security and Medicare tax on wages paid to your household help, says CPA George Saenz.
The rules apply to foreign homes even if you were not a resident of this country during the period of ownership and use, says CPA George Saenz.
Rental real estate losses are not allowed to married or single taxpayers whose AGI exceeds $150,000 a year, says CPA George Saenz.
The Roth conversion is an oddity, making people pay more tax now in exchange for a future promise that you will not have to pay tax, says CPA George Saenz.
Whether you can exclude capital gains on the sale of your jointly owned condo largely depends on if it served as your principal residence, says CPA George Saenz.
You’d better know your deductions if you want to pay the least amount of tax. Test yourself.
Taking care of taxes involves the nitty-gritty of finding the right form and tax tables. Test your knowledge.
Let’s get down to brass tacks. Do you know basic tax details? Take our quiz and find out.
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.