Taxes
No tax on tips and overtime: Here’s who qualifies
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If your income hits a specified level, you’re required to file a tax return. But it may make sense to file no matter what your income.
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Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.
You may have to do some math to choose between claiming the standard deduction and itemizing, but it’s worth the effort because you’ll save money on your taxes.
The child and dependent care credit can help parents recoup some of the steep costs of child care, and a new tax law increased how much this tax credit is worth.
The adoption tax credit can go a long way to reducing the costs of adopting a child. And now up to $5,000 of this tax credit is refundable.
When someone dies, the assets they leave behind are subject to the estate tax. But only if the estate’s total value exceeds a multimillion-dollar exemption amount.
A growing number of states are moving to a flat tax system to collect income taxes. That can be good news for taxpayers, but there are potential downsides.
Lawmakers have introduced a new bill that aims to permanently end taxes on Social Security benefits. High-income earners may not like it.
New tax breaks on tip income and overtime pay go into effect this year. Event planners, hairdressers, handymen and Uber drivers are among those who qualify for no tax on tips.
The Oct. 15 tax deadline is coming up fast for anyone who filed an extension. Here are 4 tips to help you get ready to file your tax return.
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