Tax Deductions

A tax deduction reduces the amount of income that is subject to taxation by federal and state governments. View the current standard deduction amounts and other tax deduction information.

Tax Basics

Cryptocurrency taxes: A guide

The IRS is stepping up enforcement on potential tax evasion by looking more closely at who’s exchanging cryptocurrencies.

6 min read

Top tax tips for investors

Pay particular attention to these areas and you may find some new ways to save on what you owe.

5 min read

Long-term capital gains tax basics

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

9 min read

The average tax refund

The average tax return for the 2020 tax year was $2,827, a 13.24 percent increase from the previous year.

2 min read

Latest Tax Deduction Articles

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Tax Calculators

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