Filing Taxes

Filing taxes is an annual chore, and the tax code is complicated. Find tax forms and advice you need to file your tax return this year and pay the IRS.

Tax Basics

Long-term capital gains tax basics

Certain windfalls and profits are considered capital gains. Here’s how to determine what you’ll owe.

10 min read

2024-2025 tax brackets

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.

8 min read

Section 179 vs. bonus depreciation

The Section 179 deduction and bonus depreciation both let businesses write off expenses quickly. Here’s what you need to know.

6 min read

10 tax deductions and tax credits

These 10 tax credits and deductions can help you trim your tax bill and, in some cases, even boost your refund.

7 min read

Latest Tax Filing Articles

New hires save businesses money

To promote employment, the HIRE Act rewards businesses hiring workers.

2 min read May 27, 2010
Reporting requirements for expatriate American

The threat of an IRS inquiry doesn’t mean ignore foreign bank account reporting requirements.

2 min read May 18, 2010
Paying tax on elusive inheritance

You shouldn’t pay taxes on inheritance money you never received, explains Bankrate’s tax adviser.

3 min read May 13, 2010
Last-minute tips for snail-mail filers

If you’re sending your tax return the old-fashioned way, follow these tips before mailing it.

4 min read Apr 14, 2010
Go back five years to recover paid taxes

Changes in the tax law allow taxpayers to carry back losses up to five years if they elect to do so.

2 min read Apr 06, 2010
5 tax breaks for the recession

If you’ve lost or reduced your income in these hard times, there could be a tax silver lining.

4 min read Mar 30, 2010
More twists on the homebuyer tax credit

A couple with a home inside an LLC wants to buy it and claim the first-time homebuyer tax credit.

2 min read Mar 25, 2010
Reporting a foreign bank account

The IRS penalties are severe if you fail to properly report a foreign bank account.

2 min read Mar 23, 2010
10 wackiest tax deductions for 2010

Writing off the cat as an ‘exterminating expense’? It’s just one of 2010’s wackiest tax deductions.

6 min read Feb 09, 2010
Avoid the nanny tax pitfalls

Don’t be tripped up by the nanny tax. Be sure to follow the rules when it comes to household help.

5 min read Jan 29, 2010
Claiming tax credit for a caregiver

You can claim a tax credit or a medical deduction for a caregiver, or a combination of both.

2 min read Jan 28, 2010
Sales tax deduction for a new roof?

When it comes to home renovations like a new roof, the sales tax deduction can get confusing.

2 min read Jan 19, 2010
Are blood donations taxable income?

Depending on the situation, your blood donations could be taxed as earned income.

1 min read Jan 12, 2010
Bankrate’s 2010 Tax Guide: Filing & refunds

Get it done right the first time with this advice on free filing, e-filing, documentation and refunds.

Jan 05, 2010
Bankrate’s 2010 Tax Guide: Family and education

You care for your children and dependents all year. At tax time Uncle Sam may take care of you.

Jan 05, 2010
Bankrate’s 2010 Tax Guide: How do I …?

We’re here to help make your tax preparations easier than ever!

Jan 05, 2010
Tax penalties levied on a partnership

To raise revenue, the IRS has bumped up late tax-filing fees for business partnerships.

2 min read Dec 17, 2009
Home office can have hidden tax costs

Claiming a home office deduction has many tax benefits, but it has some drawbacks.

7 min read Jan 22, 2009
Valuing goodwill

Helping a new owner learn the ropes should be reflected in the purchase price of the business.

2 min read Oct 23, 2008
Figuring taxes on the wages of household employees

If a child care or other household employee works at your house, you owe employment tax.

3 min read Aug 05, 2008