Understanding capital gains tax is essential for savvy investors. If you're aiming to maximize your returns, you need to know when you'll encounter capital gains taxes and how to deal with them.
Learn how Social Security works and how to maximize your benefits in retirement. Discover key facts about taxes, spousal benefits, claiming strategies, and how financial planning can help you make the most of your income.
Every year, the IRS announces adjustments to tax brackets to account for inflation. Given the blazing rates of inflation in 2021, 2022, and 2023, many taxpayers may have become accustomed to significant bracket adjustments. However, with inflation cooling during 2024, the newly announced adjustments are smaller than those of recent years.
Compare 2024 tax plans from Kamala Harris and Donald Trump—see how their proposals on income, corporate, capital gains, and estate taxes could impact your finances and the U.S. economy.
Get organized for tax season with this essential guide to preparing for your 2023 tax appointment. Learn what documents to gather, how to categorize expenses, and tips to maximize your tax savings.
Selling your home for a profit? Learn how capital gains tax works, who qualifies for the $250K/$500K exclusion, and smart strategies to reduce your tax bill. Understand exceptions, surviving spouse rules, and more.
Starting in 2022, new IRS life expectancy tables reduce required minimum distributions (RMDs), helping retirees stretch retirement savings and lower tax burdens. Learn more.
Stay informed on COVID-19 tax relief updates. Learn how IRS and state filing deadlines shifted in 2020, including changes to estimated payments, automatic extensions, and key differences across states.