How Should You Spend a Tax Refund?
How you should spend (or invest) your tax refund depends on a variety of personal circumstances. Here are seven ideas to use as inspiration.
How to Prevent Tax Identity Theft and Safeguard Your Tax Return
It’s critical that you take these four steps to remain well-protected this tax season.
Tax Basics: Understanding Income Tax Laws
While taxes can be extremely complex, anyone interested in gaining an understanding of where their money is going come tax season should learn these basic terms.
5 Tax “Gotchas” in Retirement
If you’re wealthy and reaching your distribution phase, your high-balance retirement accounts can create a burdensome tax situation, particularly when it comes to legacy planning. Here are five potential pitfalls to be aware of.
Have You Considered Tax-Loss Harvesting?
Tax-loss harvesting can be a savvy way to reduce your capital gains taxes, but here's why it needs to be coordinated with your overall financial plan.
New Federal Income Tax Brackets for 2023
Amid soaring inflation, the IRS has released higher federal income tax brackets and higher standard deductions for 2023.
Turn Investment Losses into Tax Breaks with Tax-Loss Harvesting
If you cashed in on the economic boom, don’t be caught off guard with a hefty capital gains tax bill. Here’s a look at a potential way to reduce your tax bill.
What Is a Federal Gas Tax Holiday? – Daily Flash Briefing
A federal gas tax holiday would aim to lower the cost of gas, but politicians and economists are not sure how much help it would provide Americans.