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.
Taxes Basics
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Latest Articles
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Excise tax: What it is and how it works
Excise taxes apply only to certain products and can be charged either as a percentage of a sale or on a per-unit basis.
3 min read Nov 03, 2021 -
12 ways to lower your taxable income this year
There are a number of steps you can take to ensure you don’t pay the IRS more than you have to.
2 min read Oct 05, 2021 -
Tax withholding definition: When and how to adjust your IRS tax withholding
The goal is to have just the right amount withheld – as close as possible to your actual tax liability.
4 min read Sep 23, 2021 -
2019 tax brackets
For taxes due July 15, 2020, taxpayers fell into one of these brackets.
1 min read Nov 04, 2020 -
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Filing taxes for a deceased person
Here’s what to know if you’re responsible for filing taxes for a deceased spouse, parent or dependent.
5 min read Feb 17, 2020 -
5 pet-related tax write-offs
In some situations, pet owners can deduct the costs of their furry family members.
5 min read Dec 17, 2019 -
Shop these sales tax holidays to save on back-to-school shopping
Many states are waiving taxes on clothes, computers and classroom supplies.
2 min read Jul 15, 2019 -
2017 tax bracket rates
View 2017 IRS income tax brackets for single, married and head of household filings.
1 min read Nov 28, 2018 -
Only a quarter of workers attribute their bigger paycheck to GOP tax law
Many Americans haven’t noticed a pay hike on the heels of tax reform, Bankrate’s survey finds.
3 min read Mar 05, 2018 -
IRS rules for claiming a parent as a dependent: 5 factors to consider
Are you caring for an aging parent? If so, you may qualify for some tax relief.
5 min read Mar 01, 2017 -
W-2 form shows my employer barely withheld taxes. Do they owe me money?
Without pay stubs, you still can check the math on your W-2. Here’s what you can do.
3 min read Jan 31, 2017 -
Capital loss carryover rules for long-term capital asset loss of $100,000
You can carry over losses on certain capital assets forever, but it’s not simple.
2 min read Apr 05, 2016 -
4 options for your tax refund
You can direct deposit and split your tax refund among as many as 4 accounts.
5 min read Feb 25, 2016 -
Can I defer passive activity loss to next year if earnings are too high?
You can only deduct real estate losses to offset gains, but there are a couple of exceptions.
2 min read Feb 16, 2016 -
Capital gains tax loophole on rental property?
You’ll have to pay capital gains on the sale of your rental property. Here’s why.
3 min read Feb 02, 2016 -
Employee vs. contractor: A tax distinction
Scored a seasonal job? How it’s classified will affect your taxes.
4 min read Nov 04, 2015 -
What you can do now to protect tax refund
Take action to make it difficult for identity thieves to steal your tax refund.
2 min read Nov 13, 2014 -
Depreciation of equipment on profit-loss statement
Depreciation lets you spread the cost of a fixed asset over its useful life.
2 min read Sep 16, 2014 -
Deduct mortgage interest on a 2nd home?
The interest on the home you bought for your in-laws may be deductible in these cases.
2 min read Jun 17, 2014
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Helpful Links
- States with no income tax
- How to set up an IRS payment plan
- Tax credit vs. deduction
- Learn about the child tax credit
- Use the sales tax deduction
- Claim medical expenses
- Tax deduction for charitable giving
- How to e-file taxes
- How long to get your tax refund
- How to invest tax refund
- Open IRA to save on taxes
- When to pay estimated taxes
- How bonuses are taxed
- Long-term capital gains tax
- Tips for paying estimated taxes
- When are taxes due?
- Do I have to file taxes?
- The best tax software