Tax Breaks
Latest
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How the IRS Taxes Retirement Income
Retirement Taxes It's important to know how common sources of retirement income are taxed.
By Kelley R. Taylor
Retirement Taxes -
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 -
Child Tax Credit 2025 and 2026: How Much Is It and What's Changed?
Tax Credits Here's what you need to know about the federal child tax credit (CTC) for 2025 and 2026.
By Gabriella Cruz-Martínez
Tax Credits -
Retirement Taxes: How All 50 States Tax Retirees
Retirement Taxes Find out how 2025 income taxes in retirement stack up in all 50 states plus the District of Columbia.
By Kate Schubel
Retirement Taxes -
What’s the New 2026 Estate Tax Exemption Amount?
Estate Tax The IRS just increased the exemption as we enter into a promising tax year for estates and inheritances.
By Kate Schubel
Estate Tax -
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 -
Adoption Tax Credit: What You Need to Know for 2025 and 2026
Tax Credits Due to a new tax law and annual IRS inflation adjustments, adoption tax credit amounts are being increased.
By Gabriella Cruz-Martínez
Tax Credits -
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 -
Claiming the Standard Deduction? Here Are Five Tax Breaks for Retirement in 2025
Tax Tips If you’re retired and filing taxes, these five tax credits and deductions could provide thousands in relief (if you qualify).
By Kate Schubel
Tax Tips
