Tax Breaks
Latest
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No Tax on Tips? How the New Tip Deduction Actually WorksIncome Taxes Will you stop paying taxes on your tip income? New tax rules may allow some workers to reduce their tax liability on qualified tips. Here’s what you need to know and how to claim it.
By Kelley R. Taylor
Income Taxes -
5 Trump Tax Bill Changes Homeowners Need to Know NowTax Changes Trump’s new tax legislation is reshaping how tax breaks for homeowners work.
By Gabriella Cruz-Martínez
Tax Changes -
Standard Deduction 2025 and 2026: Amounts, Exceptions, and Who Should ItemizeTax Breaks Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
By Kelley R. Taylor
Tax Breaks -
QCD Limit, Rules and How to Lower Your 2026 Taxable IncomeTax Breaks A QCD can reduce your tax bill in retirement while meeting charitable giving goals. Here’s how.
By Kate Schubel
Tax Breaks -
2026 State Tax Changes to Know Now: Is Your Tax Rate Lower?Tax Changes As a new year begins, taxpayers across the country are navigating a new round of state tax changes.
By Kelley R. Taylor
Tax Changes -
The New Estate Tax Exemption Amount for 2026Estate Tax The IRS has increased the exemption as we enter into a promising tax year for estates and inheritances.
By Kate Schubel
Estate Tax -
States That Don't Tax Pension Income in 2026Retirement Taxes More than a dozen states don't tax pension income regardless of your age or how much money you have.
By Gabriella Cruz-Martínez
Retirement Taxes -
10 Retirement Tax Plan Moves to Make Before December 31Retirement Taxes Proactively reviewing your health coverage, RMDs and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.
By Kate Schubel
Retirement Taxes -
5 Types of Gifts the IRS Won’t Tax: Even If They’re BigGift Tax Several categories of gifts don’t count toward annual gift tax limits. Here's what you need to know.
By Kelley R. Taylor
Gift Tax
