taxes

To save on taxes over all your years, not just right now, try these four different strategies.

The rules on excess IRA contributions can be confusing. But if you act early, you can minimize any effect on your taxes.

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…

Following FEMA's recent disaster declaration, residents and businesses impacted by the California wildfires get more time to file and pay taxes.

Americans are facing a long list of tax changes for the 2021 tax year. Smart taxpayers will start planning for them now.

If you want to stop advance payments of the 2021 child tax credit, you have to opt-out using the IRS's online tool before the monthly deadline.

People have lots of questions about the $3,000 or $3,600 child tax credit and the advance payments that the IRS is sending monthly to most families – …

If you're receiving paper checks in the mail for your child tax credit payment, you can use the IRS's online portal to update your address.

These actions and tax positions could increase your chances of the IRS selecting your return for audit.

The IRS has already sent three batches of monthly child tax credit payments. Here's when you can expect the rest of your payments.

The deadline for submitting your third estimated tax payment of 2021 is here, so get your payments in today.

There are seven different federal income tax brackets for your 2021 tax return – each with its own marginal tax rate. Which bracket you end up in for …

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…

If you don't need the money to live on, wait until December to take your RMD and ask the sponsor to withhold a big chunk for the IRS.

Realizing that you made a mistake after filing your tax return can be panic-inducing for retirees (or anyone else). But don't stress. You may not need…

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.

You can also pay for home testing kits and personal protective equipment with FSA and HSA funds.

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…

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…

Unfortunately, some states aren't very generous when it comes to helping retired veterans at tax time.

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…

Residents and businesses impacted by the recent storms and flooding in Tennessee get more time to file and pay certain federal taxes.

Following FEMA's recent disaster declaration for severe storms and flooding Louisiana, impacted taxpayers get more time to file and pay certain federa…

You worked hard to build your retirement nest egg. But do you know how to minimize taxes on your savings?

The economic turnaround sparked a wave of cuts in state tax rates. But some say the efforts could backfire.

Investors and retirement savers have many tools at their disposal to whittle their incomes down to a point where capital gains are taxed at a 0% tax r…