Understanding tax strategies and managing your tax bill should be part of any sound financial approach. Some taxes can be deferred, and others can be managed through tax-efficient investing. With careful and consistent preparation, you may be able to manage the impact of taxes on your financial efforts.
Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.
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Here's a breakdown of how the federal government spends your tax money.
If your clients are buying or selling a home, use this to help them determine if they qualify for capital gains taxes.
An inside look at how marginal income tax brackets work.
Here are six flags that may make your tax return prime for an IRS audit.
A quick look at how federal income taxes work.
You may have heard the phrase "tax-loss harvesting." A financial professional may be able to provide some guidance.
Assess how many days you'll work to pay your federal tax liability.
Use this calculator to estimate your capital gains tax.
Use this calculator to estimate your income tax liability along with average and marginal tax rates.
Estimate how much of your Social Security benefit may be considered taxable.
Use this calculator to assess the potential benefits of a home mortgage deduction.
This calculator compares the net gain of a taxable investment versus a tax-favored one.