When deciding to tie the knot, you don’t often sit down and work out the tax benefits for married couples. However, as you consider your finances as a couple, one of the items you need to figure out is how to manage your tax bill in a way that benefits your situation.
As you plan your finances, don’t forget about tax breaks. With the right approach, it’s possible to make the most of your money by including tax planning in your financial picture. Here's how to find out what tax benefits for individuals are available for you, and then use them to keep more of your money.
There are plenty of deductions still available, but exactly where they’ll appear on your tax return may be different than they have been in the past.
At the end of the year, most of us aren't even thinking about taxes. But we should be. Here are 11 end of the year tax deductions you don't want to miss.
Most individuals and families saw at least some drop in tax liability as a result of the Tax Cuts and Jobs Act. But the big winners may just be corporations. Let's take a look at how the economy has received Trump's tax plan so far.
A complete guide to tax loss harvesting and the wash sale rule. Learn how it works, its benefits, its limitations, and how you can use it to defer taxes. We'll also look at the implications for those who use robo advisors that offer TLH services.
Everyone has to pay taxes during their lives, but these taxes are some of the weirdest you'll ever come across.
When filing your taxes for 2019, uses these tax brackets to figure out how much you owe. These are the federal income tax rates and standard deductions by tax filing status and income.
Each year, several states in the U.S. have a sales tax holiday weekend--or sometimes a whole week! Sales tax holidays are an especially big hit around back-to-school season. They are a great way to save as you stock up on school supplies or outfit your kids for the coming school year.
Owning a home can not only give you a cheaper monthly payment than renting but in many cases, the tax benefits make the decision a no-brainer. Because this is such a heated debate, we'll cover the main tax benefits you’ll see when you own a home. From there, you can make a decision on what’s right for you.