tax planning

Family Business Survival Strategies in an Era of Sweeping Tax Reform
tax planning

Family Business Survival Strategies in an Era of Sweeping Tax Reform

Changes to our nation’s income taxes, capital gains taxes and estate taxes – whether already passed or still in the proposal stage – pose massive chal…
September 28, 2021
Tax Changes and Key Amounts for the 2021 Tax Year
tax law

Tax Changes and Key Amounts for the 2021 Tax Year

Americans are facing a long list of tax changes for the 2021 tax year. Smart taxpayers will start planning for them now.
September 23, 2021
21 IRS Audit Red Flags
tax returns

21 IRS Audit Red Flags

These actions and tax positions could increase your chances of the IRS selecting your return for audit.
September 22, 2021
Taxes on Unemployment Benefits: A State-by-State Guide
state tax

Taxes on Unemployment Benefits: A State-by-State Guide

Don't be surprised by an unexpected state tax bill on your unemployment benefits. Know where unemployment compensation is taxable and where it isn't.
September 21, 2021
When Are 2021 Estimated Tax Payments Due?
tax deadline

When Are 2021 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…
September 14, 2021

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Are You Taking Advantage of the Current ‘Tax Holiday’?
tax planning

Are You Taking Advantage of the Current ‘Tax Holiday’?

The tax picture is scheduled to change in the not-too-distant future, so now is a good time to make some moves to capitalize.
September 12, 2021
3 Ways to Avoid a Big Fat Tax Surprise in April
tax planning

3 Ways to Avoid a Big Fat Tax Surprise in April

High-earning executives getting stock awards and bonuses in 2021 need to be prepared for the tax bills that will come with them. Here’s how to head of…
September 2, 2021
10 Things Every Worker Needs to Know About the W-4 Form
W-4 form

10 Things Every Worker Needs to Know About the W-4 Form

Anyone who has started a new job will know about filling out a W-4 form. Your new boss will use that information to calculate how much tax to withhold…
August 31, 2021
The 10 Most Tax-Friendly States for Middle-Class Families
state tax

The 10 Most Tax-Friendly States for Middle-Class Families

If a move from one state to another is in your future, you could save big bucks by relocating to one of these states where the tax bite is light for m…
August 31, 2021
33 States with No Estate Taxes or Inheritance Taxes
retirement

33 States with No Estate Taxes or Inheritance Taxes

Even with the federal exemption from death taxes raised, retirees should pay more attention to estate taxes and inheritance taxes levied by states.
August 31, 2021
The 10 Least Tax-Friendly States for Military Retirees
retirement

The 10 Least Tax-Friendly States for Military Retirees

Unfortunately, some states aren't very generous when it comes to helping retired veterans at tax time.
August 31, 2021
Tax-Smart Charitable Gifting Strategies
tax planning

Tax-Smart Charitable Gifting Strategies

Take advantage of the current tax rules to support the charities you care about and save on your taxes at the same time. Here are a couple of notewort…
August 29, 2021
12 Questions Retirees Often Get Wrong About Taxes in Retirement
retirement

12 Questions Retirees Often Get Wrong About Taxes in Retirement

You worked hard to build your retirement nest egg. But do you know how to minimize taxes on your savings?
August 27, 2021
Cash-Rich States Lower Taxes
Tax Breaks

Cash-Rich States Lower Taxes

The economic turnaround sparked a wave of cuts in state tax rates. But some say the efforts could backfire.
August 27, 2021
2021 Child Tax Credit Calculator
Tax Breaks

2021 Child Tax Credit Calculator

How big will your child tax credit be on your 2021 tax return? How much will you get each month in advance payments? Our calculator will give you the …
August 21, 2021
The 10 Least Tax-Friendly States for Middle-Class Families
state tax

The 10 Least Tax-Friendly States for Middle-Class Families

Failing to consider state and local taxes before moving your family to another state could cost you thousands of dollars each year.
August 17, 2021
Strategies to Deal with Potential Capital Gains Tax Increases
tax planning

Strategies to Deal with Potential Capital Gains Tax Increases

Higher possible tax rates and changes in estate tax law may mean making these adjustments for your personal situation could be a good idea.
August 15, 2021
13 Tax Breaks for Homeowners and Home Buyers
Tax Breaks

13 Tax Breaks for Homeowners and Home Buyers

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 cos…
August 12, 2021
2 Tax Credits to Claim for Energy-Efficient Home Renovations
tax planning

2 Tax Credits to Claim for Energy-Efficient Home Renovations

These tax incentives reward energy-efficient home improvements in different ways. Which credit you use depends on the remodeling you do.
August 11, 2021
3 Great Reasons to Try After-Tax 401(k) Contributions
401(k)s

3 Great Reasons to Try After-Tax 401(k) Contributions

They won’t save you money on your taxes this year, like the more well-known (and popular) pretax 401(k) contributions do, but three types of people co…
August 9, 2021
7 Ways to Prepare for Higher Taxes
tax planning

7 Ways to Prepare for Higher Taxes

The tax climate is changing, and your retirement planning strategies could use some tweaks to stay on top of the situation.
August 2, 2021
10 States with the Highest Gas Taxes
taxes

10 States with the Highest Gas Taxes

COVID-19 has made us appreciate driving our cars more, but filling up the tank will cost you more in these states.
July 28, 2021
10 States With the Lowest Gas Taxes
taxes

10 States With the Lowest Gas Taxes

Saving money is a marathon not a sprint. And even low gas taxes can help keep money in your pocket.
July 28, 2021
13 States That Tax Social Security Benefits
social security

13 States That Tax Social Security Benefits

You may have dreamed of a tax-free retirement, but if you live in these 13 states, your Social Security benefits are subject to a state tax. That's on…
July 26, 2021
The Financial Effects of Losing a Spouse
Financial Planning

The Financial Effects of Losing a Spouse

Even amid grief, it's important to reassess your finances. With the loss of your spouse's income, you may find yourself in a lower tax bracket or that…
July 16, 2021