Taxes

Smart tax planning could help you better navigate tax season. Read our tax tips and the answers to frequently asked questions.

Tax Season Tax Questions

What Is the Standard Deduction for 2024-2025?

The standard deduction amount is typically adjusted each year for inflation

What Are Estimated Tax Payments?

Get the basics of how estimated tax payments work.

What Is the Federal Estate Tax?

Learn the basics of the federal estate tax.

4 Tips to Help You Choose a Tax Preparer

It’s important to work with a qualified, reliable, and experienced tax professional.

How to Amend a Federal Tax Return

Made a mistake on your tax return? Here’s how to file an amended return.

Done With Taxes?

Keeping tax records organized can make it easier to find your documents if you ever need to respond to the IRS.

There’s Still Time to Reduce Your 2023 Taxable Income: 3 Tips to Consider

Don’t forget about these potential tax deductions

Standard Deduction vs. Itemized Deductions: What’s the Difference?

As you prepare to file your taxes, it can be helpful to review some of the basics.

Don’t Miss These Self-Employment Tax Deductions

Freelancer? Entrepreneur? Here are some deductions to keep in mind as you do your taxes

5 Things You Can Do With Your Tax Refund

Here are some ways you could put that money to work toward your financial goals.

It's Tax Season: Here's What You Need to Know

Here’s to making the tax season a little less intimidating and confusing.

Tax Deductions vs. Tax Credits: What’s the Difference?

Learn how deductions and credits might affect your tax refund.

Don’t Miss These Tax Breaks for Homeowners

Pay property taxes? Got an energy-efficient home? You could get a tax break.

Working From Home? 3 Key Tax Questions to Ask

WFH has its perks but it’s important to be aware of the potential tax issues.

Gross Income and Adjusted Gross Income: What’s the Difference?

AGI is an important number when it comes to figuring out how much tax you may owe.

What Is the Alternative Minimum Tax?

Taxpayers subject to AMT calculate their tax liability twice, using the standard method and the AMT, and pay whichever is higher.

Got a Bonus From Work?

Learn how bonuses are taxed.

IRS Audits: What You Need to Know

Audits are rare and not as scary as you might think.