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.

Top tax tips for investors

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

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.

Long-term capital gains tax basics

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

Editor's Picks

Latest Articles

What is an LLC?

An LLC can simplify tax filing and reduce the legal liability of its members.

3 min read Nov 11, 2022
Missed the tax deadline? Here’s what you should do

If you haven’t filed your taxes yet, don’t panic — but act fast.

4 min read Apr 19, 2022
How to file for a tax extension with the IRS

Applying for more time to file your taxes is easy. Just don’t put off paying your tax bill.

3 min read Apr 15, 2022
Child and dependent care tax credit: Who qualifies and how to get up to $8,000 in credits

The credit was confusing even before Congress revamped it for 2021.

7 min read Apr 01, 2022
Earned income tax credit (EITC): What it is and who qualifies

This popular tax break can be one of the trickiest.

5 min read Mar 24, 2022
Where’s my refund? How to track your tax refund

It’s easy to track the status of your tax refund online.

4 min read Mar 03, 2022
Filing your taxes soon? Here’s how COVID-19 relief could affect what you owe

The coronavirus pandemic is making this year’s tax season complex.

7 min read Mar 02, 2022
Alaska state taxes 2021-2022: Income and sales tax rates

Alaska doesn’t impose a state income tax rate or a sales tax.

1 min read Jan 25, 2022
Delaware state taxes 2021: Income and sales tax rates

Delaware uses a graduated rate to determine tax liability.

1 min read Jan 06, 2022
Idaho state taxes 2021: Income and sales tax rates

In Idaho, income tax rates range from 1 to 6.5 percent.

2 min read Jan 05, 2022
New Jersey state taxes 2021: Income and sales tax rates

Single and separate filers in New Jersey have seven tax rates, while joint filers have eight.

2 min read Jan 04, 2022
15 types of tax-free and non-taxable income

Uncle Sam gets a cut of just about all types of income, but some does escape tax.

4 min read Jan 03, 2022
What is an underpayment penalty? Definition and examples

The IRS charges a penalty for not paying enough toward your tax obligation throughout the year.

3 min read Jan 03, 2022
Value-added tax (VAT): What it is and how it works

Value-added tax (VAT) is the international alternative to U.S. sales tax.

3 min read Dec 16, 2021
Do I have to file taxes? How much do you have to make?

You must consider three factors: your age, filing status and income.

6 min read Dec 15, 2021
Kansas state taxes 2021: Income and sales tax rates

Kansas has three state income tax rates: 3.10%, 5.25% and 5.70%.

2 min read Dec 06, 2021
Minnesota state taxes 2021: Income and sales tax rates

Minnesota has four tax rates: 5.35%, 6.80%, 7.85% and 9.85%.

2 min read Dec 06, 2021
Colorado state taxes 2021-2022: Income and sales tax rates

Colorado’s state income tax rate is a flat 4.55% of your federal taxable income.

1 min read Dec 06, 2021
Itemized deductions: What they are and how they work

An itemized deduction is a qualifying expense that may reduce how much you owe in taxes.

2 min read Dec 06, 2021
Kentucky state taxes 2021: Income and sales tax rates

Kentucky uses a flat income tax rate of 5% for single and married filers.

1 min read Nov 24, 2021

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