tax planning

Five Big Tax Breaks at Work
tax planning

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
Tax Breaks

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
tax planning

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
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…
March 12, 2022
8 Steps to Appeal Your Property Tax Bill
taxes

8 Steps to Appeal Your Property Tax Bill

Home values are rising across the country, which means many homeowners’ property taxes are now going up, too.
March 10, 2022
Calculating Taxes on Social Security Benefits
social security

Calculating Taxes on Social Security Benefits

Uncle Sam can tax up to 85% of your Social Security benefits if you have other sources of income, such as earnings from work or withdrawals from tax-d…
March 8, 2022
3 Strategies for Reducing Tax Risks in Retirement
tax planning

3 Strategies for Reducing Tax Risks in Retirement

Don’t let taxes surprise you during retirement. The funds you’ve saved for your post-work life may be taxed too, unless you carefully plan.
March 7, 2022
Most-Overlooked Tax Breaks for the Newly Divorced
Divorce

Most-Overlooked Tax Breaks for the Newly Divorced

Filing taxes after a divorce can add yet another problem to an already long list of challenges. But here are some tips to make your return to single l…
March 4, 2022
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.
March 1, 2022
8 Tax Tips for Gambling Winnings and Losses
taxes

8 Tax Tips for Gambling Winnings and Losses

If you pick the right horse at the track or win some money at a casino, don't forget that the IRS wants a cut of your winnings.
March 1, 2022
Which Tax Documents Should I Save, Which Should I Shred?
tax planning

Which Tax Documents Should I Save, Which Should I Shred?

You’ll need supporting documents in case you’re audited, but you don’t need to save them forever.
February 24, 2022
Leveraging the Tax Code to Minimize Your Tax Liabilities
tax planning

Leveraging the Tax Code to Minimize Your Tax Liabilities

While you gear up to calculate your tax bill for 2021, consider these three strategies to potentially reduce your taxes going forward.
February 24, 2022
Should You Worry about Tax Increases? Maybe Not!
tax planning

Should You Worry about Tax Increases? Maybe Not!

Business owners and investors alike have been on edge over possible hikes. There are lots of reasons not to worry. Here’s why.
February 15, 2022
"Above-the-Line" Deductions for Your 2021 Tax Return
Tax Breaks

"Above-the-Line" Deductions for Your 2021 Tax Return

If, like most people, you claim the standard deduction instead of itemized deductions on your return, there are still many other tax deductions availa…
February 1, 2022
Your First Tax Season After a Divorce
Divorce

Your First Tax Season After a Divorce

Navigating tax time as a newly single person (or a nearly single person) takes a few adjustments. For smooth sailing, follow our tax tip checklist.
January 31, 2022
How to Cut Your 2021 Tax Bill
Tax Breaks

How to Cut Your 2021 Tax Bill

Our guidance could help you claim a higher refund or reduce the amount you owe.
January 29, 2022
How to Handle an IRS Audit of Your Tax Return
tax returns

How to Handle an IRS Audit of Your Tax Return

Don't panic! Keys to success include being well prepared, establishing credibility right from the start, and keeping your wits about you.
January 27, 2022
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?
January 21, 2022
14 IRS Audit Red Flags for Retirees
retirement

14 IRS Audit Red Flags for Retirees

Seniors beware: Your actions can increase the chances of the IRS giving your tax return a closer look.
January 21, 2022
Your Child Care Tax Credit May Be Bigger on Your 2021 Tax Return
Tax Breaks

Your Child Care Tax Credit May Be Bigger on Your 2021 Tax Return

Many families with young children will get a bigger tax credit for last year's childcare expenses. And more families will qualify for the credit, too.
January 13, 2022
23 IRS Audit Red Flags
tax returns

23 IRS Audit Red Flags

These actions and tax positions could increase your chances of the IRS selecting your return for audit.
January 11, 2022
11 Surprising Things That Are Taxable
Tax Breaks

11 Surprising Things That Are Taxable

If you picked up any of the income or property on our list, make sure you declare it on your next tax return.
January 7, 2022
Taxes May Be a Certainty – But the Amount You Pay Doesn’t Have to Be
tax planning

Taxes May Be a Certainty – But the Amount You Pay Doesn’t Have to Be

You do have some control over how much income tax you owe – if you don’t wait until Tax Day to start exploring your options. Take some steps throughou…
January 4, 2022
How the Latest Biden/House Tax Proposal Affects Millionaire Retirees
tax planning

How the Latest Biden/House Tax Proposal Affects Millionaire Retirees

The current version of the Build Back Better plan shouldn’t be that scary for retirees with a net worth of $1 million to $5 million. In fact, there co…
January 4, 2022
Income Tax Brackets for 2022 Are Set
tax brackets

Income Tax Brackets for 2022 Are Set

Although the tax rates didn't change, the tax bracket income ranges for the 2022 tax year are adjusted to account for inflation.
December 29, 2021
Failing to Plan for Taxes Could Mean Planning to Fail in Retirement
tax planning

Failing to Plan for Taxes Could Mean Planning to Fail in Retirement

If the bulk of your retirement savings is in a traditional IRA or 401(k) or other tax-deferred account, you’ve got a problem. The good news is, there …
December 26, 2021