6 Great Ways to Cut Taxes in Retirement
A higher standard deduction, more room to shelter savings and a break for medical expenses can cut taxes in retirement.
1040 Form: What It Is, How to Fill One Out in 2026
Here's what you need to know about Form 1040: the mother of all tax forms.
What Is a 1099 Form? How It Works, Who Gets One, Types
A 1099 is a record that an entity or person (not your employer) gave or paid you money. One copy of the form goes to you and another copy goes to the IRS.
2025 State Income Tax Rates and How They Work
In addition to federal income tax, most states also collect state income tax. State income tax typically works one of three ways: a progressive tax, a flat tax or none at all.
What Is a W-2 Form? Definition, How to Read It
Your W-2 form, or Wage and Tax Statement, helps you to fill out your annual tax return. Here's more on how to understand the form and what to do if it’s wrong.
How to Find the Best Tax Preparer Near You
Ask for credentials, do a background search and compare fees to find the right tax preparer near you.
Itemized Deductions: What They Are, Examples
Itemizing allows you to pick and choose your tax deductions. Common deductions include those for medical expenses, mortgage interest and property tax.
Married Filing Separately: How It Works, When to Do It
Taxpayers with student loans, big medical bills or complicated situations can consider the married filing separately status.
If Your Refund’s Late, the IRS Might Owe You Interest
Generally, if the IRS doesn’t issue your refund within 45 days of the tax deadline, the agency owes you interest.
Latest IRS Scams: How to Spot Them and Fight Back
Scammers are especially active during tax filing season, but it pays to be vigilant year-round.
Saver’s Credit: What It Is and How It Works
The saver's credit helps eligible taxpayers offset the cost of saving for retirement.
What Happens If You File Taxes Late? How Penalties Work
The failure-to-file penalty is usually 5% of the tax owed for each month your return is overdue, up to 25% of the bill.
Foreign Tax Credit: What It Is, How to Claim It in 2025 and 2026
The United States taxes citizens on their income, no matter where it's earned. Here's how to lower the tax bill.
Do I Have to Pay Taxes on Game Show Winnings and Prizes?
The short answer: yes, even if it's not in cash. Here's more on how taxes work for game show winnings and prizes.