Tax Breaks
Latest
-
Homeowners Face Potential Capital Gains Tax Shift: What to Know Now
Capital Gains Arizona is moving to cut taxes on home sale gains, while Senators Ted Cruz and Tim Scott push for nationwide capital gains tax relief.
By Kelley R. Taylor
Capital Gains -
Tax Season 2026: 8 Big Changes to Know Before You File
Tax Season Due to several major tax rule changes, your 2025 return might feel unfamiliar even if your income looks the same.
By Kelley R. Taylor
Tax Season -
IRS Updates 2026 Tax Deduction for People Age 65 and Older
Tax Changes Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2026.
By Kelley R. Taylor
Tax Changes -
A Bunch of IRS Tax Deductions and Credits You Need to Know
Tax Breaks Lowering your taxable income is the key to paying less to the IRS. Several federal tax credits and deductions can help.
By Kelley R. Taylor
Tax Breaks -
Florida Wants to Eliminate Property Tax: Here’s Who Would Really Pay Instead
State Taxes A new proposal could significantly reduce property taxes for many Florida homeowners. Here’s how the plan would recalibrate the state’s tax structure and shift who ultimately pays the price.
By Chrissy Paradis
State Taxes -
IRS Reveals New 2026 Child Tax Credit and other Family Credit Amounts
Tax Credits Key family tax breaks are higher for 2026, including the Earned Income Tax Credit and the Adoption Credit. Here's what they're worth.
By Kate Schubel
Tax Credits -
14 Education Tax Credits and Deductions to Know
Education From the $20,000 529 plan expansion to the return of the student loan "tax bomb," the new Trump tax bill has overhauled how you pay for school. Here's where to save.
By Gabriella Cruz-Martínez
Education -
What is the Gift Tax Exclusion for 2025 and 2026?
Gift Tax Knowing the annual gift tax exemption can save you time and money.
By Kelley R. Taylor
Gift Tax -
7 Tax Tips and Deductions for Filing Taxes After Divorce
Tax Tips Could these overlooked tax breaks after divorce save you money?
By Kevin McCormally
Tax Tips
