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

How are mutual funds taxed?

Mutual fund taxes can be complicated. Here’s what you need to know.

3 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

Capital gains tax on real estate

Real estate sales may be subject to capital gains taxes. Here’s how to keep as much profit in your pocket as possible.

8 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

Latest Articles

Are credit card fees tax deductible?

Which credit card fees can you deduct for tax purposes?

2 min read May 03, 2023
Can a Roth IRA be used for college?

Here’s how to use a Roth IRA to pay for your child’s college tuition.

5 min read Apr 26, 2023
How student loans impact your taxes

There are a few ways to include your student loans while filing your taxes.

5 min read Mar 28, 2023
Donation value guide for 2022

This list of some common items offers an idea of what your donated clothing and household goods are worth, as suggested in the Salvation Army’s valuation guide.

2 min read Mar 27, 2023
Alternative minimum tax 2022-2023: What it is and who has to pay

The AMT has its own set of tax rates and requires a separate calculation.

3 min read Mar 21, 2023
This was the average tax refund last filing season

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

2 min read Mar 10, 2023
Child tax credit: Here’s what to know for 2023

Taxpayers with dependents can still take advantage of the child tax credit this year.

4 min read Mar 06, 2023
What happens if you don’t file taxes?

Regardless of what may cause a person to miss the tax-filing deadline, there are potential consequences.

5 min read Mar 03, 2023
Standard deduction amount for 2022-2023: How much it is and when to take it

Typically, taxpayers have two options: Take the itemized deductions or take the standard deduction.

3 min read Mar 02, 2023
Survey: 69% of tax filers are anxious about their refunds due to inflation, smaller payouts and more

How much do Americans depend on their tax refunds? A lot, according to a new Bankrate survey.

7 min read Mar 01, 2023
How to use a personal loan to pay your tax bill

If you owe money to the IRS, you may want to consider taking out a personal loan.

5 min read Feb 28, 2023
Marginal vs. effective tax rate: What’s the difference?

These both help taxpayers understand how much they owe the IRS.

3 min read Feb 27, 2023
What is net income? Definition and how to calculate it

Net income provides a more accurate account of the financial status. Here’s why.

2 min read Feb 14, 2023
When are taxes due? Tax deadlines for 2023

The deadline for filing your 2022 taxes is April 18, 2023. A 6-month extension can be granted.

2 min read Feb 13, 2023
Tax season 2023: Everything to know before you file and how to get your refund fast

There are some big tax changes this year. Here’s what you need to know.

6 min read Feb 06, 2023
The best tax software of 2023

Choosing a tax software provider can be confusing and challenging. Bankrate cuts through the noise for you.

10 min read Jan 27, 2023
Bonus tax rate 2022: How bonuses are taxed

Learn about how bonus tax rates are calculated using the percentage method or aggregate method.

3 min read Jan 23, 2023
2021 tax brackets

Reviewing your 2021 taxes and have questions about your tax bracket? Bankrate can help.

1 min read Jan 17, 2023
Tax refund schedule 2023: How long it takes to get your tax refund

Discover how long it may take to receive your tax refund in 2023.

3 min read Jan 12, 2023
End-of-year tips to get ahead of tax season

Expert advice on what to do in December to get ready for April.

5 min read Dec 02, 2022