taxes
Medical Professionals: It’s Not Too Late to Save on Your Taxes
Medical Professionals: It’s Not Too Late to Save on Your Taxes
If your income rebounded in 2021, consider these four investment and tax-saving moves now. While most of these strategies apply to 2022 and beyond, on…
May 20, 2022
Charitable Tax Deductions: An Additional Reward for the Gift of Giving
Charitable Tax Deductions: An Additional Reward for the Gift of Giving
With a charitable tax deduction, you can donate to a good cause and cut your tax bill at the same time.
May 19, 2022
No Tax for Donating Leave to Ukraine Victims
No Tax for Donating Leave to Ukraine Victims
Vacation, sick, or personal leave donated to help victims of the Russian invasion of Ukraine won't be treated as taxable income.
May 19, 2022
Will a Gas Tax Holiday or Suspension Lower Gas Prices Near You?
Will a Gas Tax Holiday or Suspension Lower Gas Prices Near You?
One way to bring down the price of gasoline is to establish a gas tax holiday. But will Uncle Sam, or your state government, suspend the gas taxes tha…
May 18, 2022
10 States With the Highest Sales Taxes
10 States With the Highest Sales Taxes
When both state and local taxes are considered, you'll pay more sales tax when shopping in these states.
May 17, 2022
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9 States with No Income Tax
9 States with No Income Tax
Your hard-earned money is safe from state income tax if you live in one of these states…but watch out for other state and local taxes.
May 17, 2022
Are You Maximizing Your Tax-Exempt Bucket?
Are You Maximizing Your Tax-Exempt Bucket?
Remember the child’s game hide-and- seek? As adults, most of us are still playing it. The difference is this time it’s with the IRS.
May 17, 2022
12 States That Tax Social Security Benefits
12 States That Tax Social Security Benefits
You may have dreamed of a tax-free retirement, but if you live in one of these states, your Social Security benefits may be subject to state taxes.
May 17, 2022
10 Least Tax-Friendly States for Retirees
10 Least Tax-Friendly States for Retirees
Retirees in these states are likely to have a higher overall state and local tax burden than retirees in other states.
May 16, 2022
5 States With No State Sales Tax
5 States With No State Sales Tax
A handful of states don't impose a sales tax, but that doesn't necessarily make them the best states for low taxes.
May 16, 2022
Tax Day 2022: When Was the Last Day to File Your Taxes (For Most People)
Tax Day 2022: When Was the Last Day to File Your Taxes (For Most People)
Federal income tax returns were due April 18 for most of us. But some people have some extra time to file – are you one of them?
May 13, 2022
2022 Tax Calendar: Important Tax Due Dates and Deadlines
2022 Tax Calendar: Important Tax Due Dates and Deadlines
Know the tax deadlines that apply to you, so you don't get hit with IRS penalties or miss out on a valuable tax break.
May 13, 2022
New Mexico Wildfire and Wind Victims Get More Time to Pay Taxes
New Mexico Wildfire and Wind Victims Get More Time to Pay Taxes
Certain tax filing and payment deadlines are extended for residents and businesses impacted by the recent wildfires and straight-line winds in New Mex…
May 13, 2022
3 Tax-Efficient Strategies to Help Maximize Your Retirement Income
3 Tax-Efficient Strategies to Help Maximize Your Retirement Income
Sometimes less income is a good thing! Here are three ways to help control your income in retirement and get a grip on the taxes you’ll pay.
May 13, 2022
10 Most Tax-Friendly States for Retirees
10 Most Tax-Friendly States for Retirees
Moving to a low-tax state in retirement can help make your retirement savings last longer.
May 12, 2022
The 10 Least Tax-Friendly States for Middle-Class Families
The 10 Least Tax-Friendly States for Middle-Class Families
It can cost you thousands of dollars each year if you fail to consider state and local taxes before moving your family from one state to another.
May 12, 2022
The 10 Most Tax-Friendly States for Middle-Class Families
The 10 Most Tax-Friendly States for Middle-Class Families
If you're thinking about changing jobs and moving to a different state, you could save big bucks by relocating to one of these states where the tax bi…
May 11, 2022
How Taxes Impact Your Wealth Gap
How Taxes Impact Your Wealth Gap
Taxes are unavoidable, and if you look at their history, they could be on the rise soon. So, use the Internal Revenue Code to reduce your retirement w…
May 10, 2022
10 States with the Highest Gas Taxes
10 States with the Highest Gas Taxes
Inflation is hitting hard – especially at the gas pump. But crossing state lines to avoid higher gas taxes is one way to soften the blow.
May 9, 2022
Effective Tax Strategies for the Present and Future
Effective Tax Strategies for the Present and Future
When it comes to taxes, most people are reactive rather than proactive. As a result, they’re probably paying Uncle Sam more than they need to. Here’s …
May 4, 2022
HSA Contribution Limits and Other Requirements
HSA Contribution Limits and Other Requirements
Annually adjusted contribution limits and other requirements must be met if you're covering health care costs with a Health Savings Account.
April 29, 2022
HSA Contribution Limits for 2023 Are Out
HSA Contribution Limits for 2023 Are Out
The IRS released the contribution limits, annual deductibles for health plans, and out-of-pocket expense limits for 2023 health savings accounts.
April 29, 2022
Tax Changes and Key Amounts for the 2022 Tax Year
Tax Changes and Key Amounts for the 2022 Tax Year
Americans are facing a long list of tax changes for the 2022 tax year. Smart taxpayers will start planning for them now.
April 29, 2022
What's the Standard Deduction for 2022 vs. 2021?
What's the Standard Deduction for 2022 vs. 2021?
If you're planning ahead for next year's tax return, see if your 2022 standard deduction will be higher than it was for 2021.
April 28, 2022
When Are 2022 Estimated Tax Payments Due?
When Are 2022 Estimated Tax Payments Due?
If you're self-employed or don't have taxes withheld from other sources of taxable income, it's up to you to periodically pay the IRS by making estima…
April 28, 2022
How Your Retirement Savings and Income Are Taxed
How Your Retirement Savings and Income Are Taxed
From 401(k)s (fully taxed!) to Social Security (partially taxed) to Roth IRAs (tax free!) – it’s good to know what kind of tax bills you’ll face in th…
April 28, 2022