If you're looking for something to do this summer, focus on reaping financial rewards in 2016 with these tax planning strategies.
See More On: Tax Planning | Tax Prep & Filing
See More On: Tax Breaks
Consider the tax tab your income sources will generate in retirement.
See More On: Tax Planning | Making Your Money Last | Social SecurityTax Prep & Filing
Stash cash in a self-employed retirement account, be creative with your generosity and think twice about selling stock for a profit if you're subject to the AMT.
See More On: Tax Planning | Tax Breaks
For tax savings, convert a vacation home to your principal residence, give an IRA to charity and double your family's estate-tax break with a by-pass trust.
See More On: Tax Planning | Making Your Money Last
Time claiming Social Security benefits, keep careful records of necessary improvements to your home or car, and tote up out-of-pocket costs of doing good.
See More On: Tax Planning | Making Your Money Last | Tax Breaks
Take advantage of your flex account, save for college in a 529 plan and save for your retirement while lowering your tax bill.
Reduce the amount you owe to Uncle Sam by adjusting your withholding, switching to a Roth 401(k) and making IRA contributions sooner rather than later.
By keeping track of moving expenses, using a Roth IRA to save for your first home and timing your wedding, you can save come tax time.
Filing your tax return is a once-a-year event but trimming your tax bill is something you can do right now.
Here are three instances where hiring a professional to do the dirty work for you makes sense.
See More On: Tax Planning | Tax Breaks | Tax Prep & Filing
Whether legally married or registered as domestic partners, gay and lesbian couples from certain states and the District of Columbia can file joint tax returns.
See More On: Tax Prep & Filing | Family Finances | Tax Planning
Roll over an inherited 401(k), help your children earn a credit for retirement savings and rack up tax savings in the process.
See More On: Tax Breaks | Making Your Money Last | Tax Planning
The IRS offers some tax credits to help alleviate the cost of trying to raise a family.
Self-employment taxes run high, but there are also many options for deductions.
See More On: Tax Planning
Follow these simple guidelines to sell your home tax-free.
After graduating from college, can you claim your own exemption?
As your life changes, so does the set of tax rules that affect you.
Even if you’re just thinking about jumping ship, you'll need to keep in mind the tax pros and cons.
See More On: Tax Planning | Careers
Learn how mortgage interest, property taxes, rental property and tax-free profit affects your tax return.
See More On: Buying & Selling a Home | Tax Breaks
Will getting married cut your tax bill or will you fall victim to the marriage tax penalty?
Learn how to reduce the tax bite on your salary and match withholding to the amount you’ll actually owe the government.
You can lighten your tax burden if you or a dependent faces a costly health issue.
See More On: Tax Planning | Health Care & Insurance
Don't let emotional turmoil cost you financially. We're here to help.
See More On: Family Finances | Tax Planning
With the American Opportunity Credit and the Lifetime Learning credit, Uncle Sam helps you defray some of the costs of getting a higher education.
See More On: Paying for College | Tax Breaks
There are all sorts of regulations controlling how money goes in and comes out of a 401(k). Knowing them is crucial.
Try these money-saving moves to help boost your contributions.
See More On: 401(k)s | Tax Planning
Need professional help with your return? Here's how to find the right person for the job.
See More On: Tax Prep & Filing
These plans, which let employees share in their companies' profits, have advantages and disadvantages.
What made the original IRA a no-brainer investment was a simple, indisputable fact: Contributions were deductible.