Tax Breaks
Latest
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Virginia Approves First-of-Its-Kind Data Center Power Consumption TaxTax Law The first statewide tax in the United States specifically tied to data center electricity consumption comes with a bit of a catch.
By Kelley R. Taylor
Tax Law -
IRS Updates Gift Tax Exclusion Rules for Trump Account ContributionsTax Law Parents and other contributors now have more clarity on a key tax issue tied to the newly launched tax-advantaged accounts.
By Kelley R. Taylor
Tax Law -
Retirement Taxes: How All 50 States Tax RetireesRetirement Taxes Find out how income taxes in retirement stack up in all 50 states plus the District of Columbia.
By Kate Schubel
Retirement Taxes -
Do You Know More Retirement Tax Rules Than a 28-Year-Old? Take the QuizQuiz We gave a Gen Z non-finance professional these five questions, and here's how they scored. Can you beat it?
By Kate Schubel
Quiz -
Tax Credits for Energy-Efficient Home ImprovementsTax Breaks The 2025 Trump tax bill ended major solar and home upgrade credits; here's what's left.
By Kate Schubel
Tax Breaks -
How Benjamin Franklin's Simple Money Rules Could Help Lower Your 2026 TaxesIncome Tax Start your midyear tax planning with these simple, timeless money rules.
By Kate Schubel
Income Tax -
New RMD Rules: Starting Age, Penalties, Roth 401(k)s, and MoreRMDs The SECURE 2.0 Act made major changes to rules for required minimum distributions (RMDs) — are you up to speed?
By Rocky Mengle
RMDs -
Home Office Tax Deduction: Work From Home Write-Offs in 2026Tax Breaks Can you claim the home office deduction on your taxes this year?
By Rocky Mengle
Tax Breaks -
The Extra Standard Deduction for People Age 65 and Older: How Much Can You Save?Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
By Kelley R. Taylor
Tax Deductions
