How to Reduce or Avoid Capital Gains Tax on Property or...
Capital Gains Tax? Yes, besides sales tax, excise tax, property tax, income tax, and payroll taxes, individuals who buy and sell personal and investment...
Top 7 Options for Free Online Tax Preparation Software & Services
Bank account promotions aren't the only way to get your hands on free money.
If you have a relatively simple tax situation - for example, if...
5 Education-Related Tax Credits & Deductions for College Tuition & Expenses
For people without wealthy parents or a full-ride scholarship, paying for a college education is often a financial challenge. According to The College Board,...
How to Calculate Federal Income Tax – Rates Table & Tax...
In the United States, the amount of tax you owe depends on several factors, one of them being how much money you make each...
What Is Child Support – Laws & Guidelines for Payments
According to the National Center for Health Statistics (NCHS), about 41% of first marriages end in divorce. For second and third marriages, that number...
Box 12 Codes on Tax Form W-2 Explained
Below is the explanation of the Box 12 Codes on the W-2 tax form.
A - Any uncollected Social Security tax or RRTA tax on tips. You'll...
How to Pay Federal Estimated Taxes Online to the IRS
It often seems that employees get the better part of the deal when it comes to paying taxes. Some money is withheld from their...
List of 16 Commonly Overlooked Personal Tax Deductions & Credits for...
Tax time is stressful, but it helps to be aware of possible deductions ahead of time so that you can keep appropriate documentation to maximize deductions...
What Is the Gift Tax – IRS Rules, Rate & Maximum...
Some people believe that when it comes to gifts, giving cash shows a lack of thoughtfulness. But as anyone who's ever received a horrible...
10 Smart Ways to Spend Your Tax Refund Money Wisely
If you're expecting a tax refund this year, you need to have a good plan for your money. Maybe you already have the funds earmarked for...
How to Fix the United States’ Debt Problems & Reduce Federal...
According to projections by the Congressional Budget Office (CBO), America will continue to spend more than it receives in revenues from 2016 to 2026, and...
Estate & Inheritance Tax – Threshold, Rates & Calculating How Much...
As the old saying goes, nothing is certain except death and taxes. Nobody really likes either one of these things - and when you put the...
