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

Income limits for IRAs

Income limits rule for spouses who want to contribute to a deductible IRA, says CPA George Saenz.

2 min read Jul 23, 2008
Using overnight delivery services

IRS has provided rules on using a private delivery service for your return, along with advice for late e-filers.

3 min read Apr 14, 2008
Writing off travel expenses

You can deduct reasonable and ordinary travel expenses when away from home on a temporary work assignment, says CPA George Saenz.

1 min read Mar 27, 2007
Tax on home proceeds in a divorce

You’re spared tax repercussions of home proceeds in a divorce, says CPA George Saenz.

1 min read Dec 12, 2006
Cooling a tax bill with energy credits

You can earn tax credits when replacing your air conditioning system as long as it meets the energy-efficient requirements, says CPA George Saenz.

2 min read Dec 08, 2006
Sorting out nanny tax rules

Principally the IRS is looking to collect Social Security and Medicare tax on wages paid to your household help, says CPA George Saenz.

2 min read Nov 10, 2006
Capital gains exclusion for foreign home

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.

1 min read Nov 09, 2006
Deducting rental property losses

Rental real estate losses are not allowed to married or single taxpayers whose AGI exceeds $150,000 a year, says CPA George Saenz.

1 min read Nov 08, 2006
Converting to a Roth IRA

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.

1 min read Oct 25, 2006
Student wants tax exemption on condo

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.

1 min read Jun 13, 2006
Trading the cube farm for self-employment

Congratulations on your new partnership with Uncle Sam, who will participate in your profits, says CPA George Saenz.

2 min read Feb 22, 2006
Partner’s insurance produces big tax bill

Company-provided benefits to an employee’s domestic partner are counted as the employee’s income. Our expert offers some ways to reduce the unexpected IRS bite.

1 min read Apr 12, 2005
Deducting long-term care insurance premiums

Long-term care premiums are tax deductible two ways. Either as part of your itemized medical expenses or without itemizing if you are self-employed.

1 min read Feb 26, 2003
Even in a roller-coaster stock market, investors find they owe capital gains

Mutual fund owners who watched their holdings stumble often are shocked at tax time to discover they still owe taxes.

6 min read Dec 29, 2002