tax planning
How 13 Types of Retirement Income Get Taxed
How 13 Types of Retirement Income Get Taxed
When you're planning for retirement, it's fun to contemplate all the travel and rounds of golf ahead of you, but don't forget about taxes.
June 30, 2022
11 Education Tax Credits and Deductions for 2022
11 Education Tax Credits and Deductions for 2022
Whether you're saving for college, currently paying tuition, or dealing with student loan debt, there's probably an education tax break that can help …
June 30, 2022
Taxes on Unemployment Benefits: A State-by-State Guide
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.
June 23, 2022
33 States with No Estate Taxes or Inheritance Taxes
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.
June 23, 2022
Estimated Tax Payments Are Due Today
Estimated Tax Payments Are Due Today
The deadline for submitting your second estimated tax payment for 2022 is here, so get your payments in now.
June 15, 2022
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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.
June 10, 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…
June 10, 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.
June 8, 2022
Getting Married? Let's Talk Taxes
Getting Married? Let's Talk Taxes
Taxes are different when you're married vs. single. Get up-to-speed now on the tax changes you'll see after tying the knot.
June 3, 2022
5 Unexpected Insights from Your Tax Return
5 Unexpected Insights from Your Tax Return
Before you box up your tax return for your files, give it one last look for these five missed opportunities. It could save you money next year.
May 29, 2022
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
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
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
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
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
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
Net Unrealized Appreciation: A Hidden Tax Strategy
Net Unrealized Appreciation: A Hidden Tax Strategy
It’s common knowledge that retirement income is subject to taxation. What’s not as well known is that some of that income is subject to a lower tax ra…
April 26, 2022
How Proactive Tax Planning Can Rescue Your Retirement
How Proactive Tax Planning Can Rescue Your Retirement
Unless you plan ahead, your retirement savings could be a tax time bomb. Here are some strategies to help defuse it.
April 23, 2022
7 Money-Smart Ways to Spend Your Tax Refund
7 Money-Smart Ways to Spend Your Tax Refund
Nearly 60% of taxpayers expect a refund this year, and many will receive a larger amount.
April 22, 2022
Retirees: Here’s How to Pay for 5 Common Expenses and Cut Your Taxes While Doing It
Retirees: Here’s How to Pay for 5 Common Expenses and Cut Your Taxes While Doing It
With tax planning still fresh on the minds of many retirees following the tax deadline, here are five tax-savvy ways to pay for expenses throughout th…
April 19, 2022
Five Big Tax Breaks at Work
Five Big Tax Breaks at Work
Did the 2021 tax refund you expected turn into a surprise tax bill? Taking advantage of your employee benefits package could help you lower your taxab…
April 9, 2022
2021 Child Tax Credit Calculator
2021 Child Tax Credit Calculator
How big will your child tax credit be on your 2021 tax return? Our calculator will give you the answer.
April 5, 2022
The Clock Is Ticking: Take Advantage of Low Tax Rates Now
The Clock Is Ticking: Take Advantage of Low Tax Rates Now
Three strategies to consider that might help limit your taxes now and throughout retirement.
March 15, 2022