Tax Breaks
10 States With the Lowest Beer Taxes
10 States With the Lowest Beer Taxes
If you want to get a brew that won't strain your wallet, consider pouring up in these 10 states.
September 18, 2020
10 States With the Highest Beer Taxes
10 States With the Highest Beer Taxes
Find out where you'll spend the most money on some suds.
September 18, 2020
Oregon Wildfire Victims Get More Time to Pay Taxes
Oregon Wildfire Victims Get More Time to Pay Taxes
The tax relief is currently available to Oregon wildfire victims in Clackamas, Douglas, Jackson, Klamath, Lane, Lincoln, Linn and Marion counties.
September 17, 2020
What Trump's Payroll Tax Cut Will Mean for You
What Trump's Payroll Tax Cut Will Mean for You
President Trump issued an executive order to suspend the collection of Social Security payroll taxes. How much could it save you?
September 17, 2020
Tax Tip: How to Deduct Property Damage Caused by Hurricane Sally
Tax Tip: How to Deduct Property Damage Caused by Hurricane Sally
Get the maximum tax deduction for property losses resulting from Hurricane Sally or other natural disasters.
September 17, 2020
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IRS Extends Tax Due Dates for Hurricane Laura Victims
IRS Extends Tax Due Dates for Hurricane Laura Victims
Victims of Hurricane Laura have until the end of the year to file tax returns and make tax payments.
August 31, 2020
How Workers Face Double Taxation Under Trump's Payroll Tax Break
How Workers Face Double Taxation Under Trump's Payroll Tax Break
There's a catch if your Social Security payroll taxes are deferred under President Trump's recent executive order, which kicks in on September 1.
August 31, 2020
Deferred Payroll Taxes to Be Paid in 2021
Deferred Payroll Taxes to Be Paid in 2021
The IRS says Social Security payroll taxes that aren't collected this year under President Trump's executive order will have to be withheld and paid e…
August 29, 2020
Tax Relief for Hurricane, Wildfire, Flood and Other Natural Disaster Victims
Tax Relief for Hurricane, Wildfire, Flood and Other Natural Disaster Victims
Deductions for lost or damaged property, filing and payment extensions, and fee waivers can help taxpayers hit by a hurricane, wildfire, tornado, eart…
August 25, 2020
How a Second Stimulus Check Could Differ from Your First One
How a Second Stimulus Check Could Differ from Your First One
The HEROES Act, which the House passed in May, would authorize another round of stimulus checks. While the new payments would be similar to the first …
August 11, 2020
What a Payroll Tax Cut Would Mean for You
What a Payroll Tax Cut Would Mean for You
If Congress can't pass another stimulus bill, President Trump says he will initiate a payroll tax cut by executive order. How much would that save you…
August 8, 2020
Tax-Free Weekend Savings from August 7 to 9
Tax-Free Weekend Savings from August 7 to 9
Florida, Iowa, Maryland, Missouri, New Mexico, Ohio, Oklahoma, South Carolina, Texas, and Virginia are holding (or starting) 2020 sales tax holidays t…
August 7, 2020
Tax-Free Weekend Dates, States and Savings for Back-to-School Shopping
Tax-Free Weekend Dates, States and Savings for Back-to-School Shopping
Sales tax holidays are a great way to save money on clothes, shoes, backpacks, school supplies, and other back-to-school necessities.
August 4, 2020
Sales Tax Holidays in 2020
Sales Tax Holidays in 2020
Sixteen states are having sales tax holidays this year. If you plan your shopping around these tax-free periods, you can save big on back-to-school cl…
August 4, 2020
6 Money-Smart Ways to Spend Your Stimulus Check
6 Money-Smart Ways to Spend Your Stimulus Check
If you don't have to use your stimulus check for basic necessities, consider putting the money to work for you. You'll thank yourself later.
July 30, 2020
8 Money-Smart Ways to Spend Your Tax Refund
8 Money-Smart Ways to Spend Your Tax Refund
Since this year's tax deadline was pushed back to July 15, many people just recently filed their tax return. That means there are a lot of tax refunds…
July 17, 2020
Saver's Credit: A Retirement Tax Break for the Middle Class
Saver's Credit: A Retirement Tax Break for the Middle Class
Your retirement contributions could be the key to a lower tax bill.
July 9, 2020
10 Tax Breaks for the Middle Class
10 Tax Breaks for the Middle Class
Tax breaks aren't just for the rich. There are plenty of them that are only available to middle- and low-income Americans.
June 30, 2020
Travel Tax Credit: Will Uncle Sam Pay You to Take a Vacation?
Travel Tax Credit: Will Uncle Sam Pay You to Take a Vacation?
There's a proposal in Congress to give you an "Explore America" tax credit of $4,000 or more to cover travel expenses. But don't pack your bags quite …
June 30, 2020
What to Do If You Get a Stimulus Check for a Deceased Person
What to Do If You Get a Stimulus Check for a Deceased Person
The IRS sent more than 1 million stimulus checks to dead people. If you received one for a family member who passed away, there are certain steps you …
June 25, 2020
13 Tax Breaks for Homeowners and Home Buyers
13 Tax Breaks for Homeowners and Home Buyers
Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those cos…
June 22, 2020
12 Tax Deductions and Credits That Help You Pay for College
12 Tax Deductions and Credits That Help You Pay for College
Whether you're saving for college, currently paying tuition, or dealing with student loan debt, there's probably a tax break that can help your bottom…
June 12, 2020
Property Tax Breaks for Retirees
Property Tax Breaks for Retirees
Planning to buy a home in a different state? Property taxes should be examined closely, because they can be quite a bit higher than income taxes in ma…
June 10, 2020
FAQs on Stimulus Payments by Prepaid Debit Card (It's Not a Scam or Junk Mail!)
FAQs on Stimulus Payments by Prepaid Debit Card (It's Not a Scam or Junk Mail!)
The IRS is sending stimulus check payments on prepaid debit cards. We've got answers to important questions about the new EIP Cards.
May 28, 2020
Health Savings Account Limits for 2021
Health Savings Account Limits for 2021
Annually adjusted contribution limits and other requirements must be met if you're covering health care costs with an HSA.
May 22, 2020