Latest
-
13 Tax Breaks for Homeowners and Home Buyers
Tax Breaks Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those costs.
-
After Storms, IRS Extends Tax Deadline for California, Alabama, and Georgia
Many taxpayers impacted by storms and disasters in Alabama, Georgia, and California now have more time to file federal tax returns.
-
Tax Day 2023: When Is the Last Day to File Your Taxes?
tax deadline Tax Day for most of us is April 18. This is when Federal income tax returns are due. But some people have some extra time to file. Are you one of them?
-
Income Tax Brackets for 2023 Are Set
Although the federal tax rates didn't change, the tax bracket income ranges for the 2023 tax year are adjusted to account for inflation.
-
Tax Withholding Adjustments Can Boost Your Paycheck Now and Avoid Penalties Later
W-4 form If you've had too much or too little tax withheld from your paychecks, there's still time to submit a new Form W-4 to change your tax withholding for the rest of the year.
-
2023 Standard Deduction Amounts Are Now Available
The IRS has released the 2023 standard deduction amounts. In addition to saving you money, the standard deduction can also tell you if you even have to file a return.
-
Filing a Deceased Person's Final Income Tax Return
It's important to know how to file a deceased person's Form 1040 or 1040-SR because unforunately, death doesn’t relieve one’s obligation to file a final federal income tax return.
-
Can You Opt Out of Student Loan Forgiveness?
A lawsuit initially caused the Department of Education to say that borrowers could opt out of President Biden’s student loan forgiveness plan. But will it matter after the Supreme Court weighs in?
-
12 States That Won't Tax Your Retirement Income
Tax Breaks Retirees can save a lot of money in these states that completely exempt the most common types of retirement income – 401(k)s, IRAs and pensions – from taxation.
