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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.

Explore tax basics

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Do I have to file taxes? Here’s how to figure out if you should file a tax return

Taxes
A young woman inspects the clothes she is going to donate.

Donation value guide: Calculate the value of your donated items for your taxes

Taxes
What is the long-term capital gains tax?

What is the long-term capital gains tax?

Investing
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Standard deduction vs. itemized deduction: Pros, cons and how to decide

Taxes

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Latest articles

Small-business owner doing inventory in his boutique.
The Section 179 deduction and bonus depreciation both let businesses write off expenses quickly. Here’s what you need to know.
Pennsylvania Welcomes You road sign at the state border.
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.
The entrance to a Social Security office in Houston, Texas.
Lawmakers have introduced a new bill that aims to permanently end taxes on Social Security benefits. High-income earners may not like it.
Man sitting at home, at his laptop, working on his finances.
These 10 tax credits and deductions can help you trim your tax bill and, in some cases, even boost your refund.
A family removes items from their home in the aftermath of Hurricane Helene on Sept. 30, 2024 in Old Fort, North Carolina.
When disaster strikes, taxes may be the last thing on your mind. But the casualty loss deduction can offer much-needed financial relief.
Hairdresser working on a client's hair in a salon.
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.
Serious woman working on laptop.
In many cases, keeping tax records for three years is long enough, but there are a few exceptions.
Illustration of a clock with a post-it note on it that says "tax time!"
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.
Marginal tax rate: What it is and how to find yours
In a progressive tax system like ours, more than one tax rate applies to your income. Your marginal rate is your top tax rate.
Estimated taxes: What you need to pay and when
If you’re self-employed, you’ll need to make estimated tax payments. Here’s how to figure out how much you owe and when it’s due.
Woman pumps gas into her car. There are federal and state excise taxes on gasoline.
Excise taxes apply only to specific products. They may be charged either as a percentage of a sale or on a per-unit basis.
Hamster pushes shopping cart full of items that might be subject to a consumption tax.
A consumption tax applies to the purchase of a good or service. Sales taxes are a type of consumption tax.
Cars and trucks drive past a Welcome to Wyoming sign south of Cheyenne, Wyoming
These 9 states have no income tax, but before you move there, keep in mind that taxes shouldn’t be your only consideration.
A man and woman in casual business clothes review paperwork in an office conference room.
If you need help with a tax debt or dispute, creating an estate plan, starting a business, or another legal question related to taxes, a tax attorney might be able to help.
Young couple reviews paperwork at a table, with a laptop open in front of them.
Most refunds are sent out within 21 days. If you’re wondering where your tax refund is, you can track it online.
Young woman sits at her home office working on her finances.
Your adjusted gross income, or AGI, is your gross income minus a handful of items. Here’s how it works and why it matters.
Pennsylvania Welcomes You road sign at the state border.
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.
The entrance to a Social Security office in Houston, Texas.
Lawmakers have introduced a new bill that aims to permanently end taxes on Social Security benefits. High-income earners may not like it.
Hairdresser working on a client's hair in a salon.
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.
Illustration of a clock with a post-it note on it that says "tax time!"
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.
Mother picking up small daughter from school, embracing in front school building.
It’s back-to-school season, and expenses add up fast. These state and federal tax breaks can help.
Girl with braided hair writing in book while sitting at desk with students in classroom.
A new $1,700 tax credit will be available in 2027 for donations aimed at helping private school students.
Flower shop owner using digital tablet at counter.
The “big, beautiful bill” changed the reporting thresholds for 1099-Ks. Here’s what you should know if you get paid through Venmo, PayPal, Cash App or another payment app.
Illustration that shows a state highway sign with the words "income tax" and dollars floating in the sky around it.
Here are the 5 states with the highest income tax rates, and the 5 states with the lowest.