The Ultimate 2019 Tax Planning Guide

Tax reform ushered in major changes for the U.S. taxation system for the 2018 tax year, with the Tax Cuts and Jobs Act introducing new rates and brackets, expanded deductions and credits, and new limits on certain tax breaks. You probably had to do some pretty substantial tax planning to cut your tax bill due this […]

Continue Reading....

This Dreaded Tax Is Almost Gone in 2019

It’s almost time to get started with your 2018 tax return, and many people are hoping that tax reform will result in their getting bigger refunds once they’ve filed with the IRS. This’ll be the first year that the new tax laws take effect, and taxpayers are paying a lot more attention than usual to see just […]

Continue Reading....

9 Tax Credits You Need to Know

A tax credit can be an extremely lucrative form of tax break for Americans. Many families save thousands of dollars each year thanks to credits, and many of them survived the Tax Cuts and Jobs Act and can still be used. While the act made the most significant overhaul to the U.S. tax code in three decades, […]

Continue Reading....

Capital Gains Tax Rates: A Comprehensive Guide

The goal of every investor is to make money on their investments. However, when you sell an investment at a profit, you’ll discover who else has an interest in sharing in your success: the tax man. The federal government imposes taxes on most capital gains from winning investments, and that means that you’ll usually have to […]

Continue Reading....

Can You Pay Your Taxes on a Credit Card?

Paying your taxes with a credit card is possible, but it requires some extra steps, several fees and shouldn’t be done just to reap credit card rewards. Using a credit card to pay your taxes is a potential last resort if you really can’t afford your tax bill with the cash you have on hand. […]

Continue Reading....