Tax Planning

Taxes are a necessary part of life, but they don't have to be a burden. Get tips and information to help you reduce the amount of taxes you pay, and optimize the deductions and credits available to you.

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A veteran prepares a meal for her family.
Are VA Benefits Taxable?
A couple sits at a table, discussing whether they need to file Form 8862 with a tax preparer
What Is IRS Form 8862?
A woman tries to file her taxes while her boyfriend relaxes on the couch behind her
What Is Form 1099-G?
An older man sits at a table, frowning as he looks at a pile of tax paperwork spread out in front of him
What Are Back Taxes?
A young woman and her grey-haired mother hug and laugh while sitting on a porch
What Is a Premium Tax Credit?
A person works from home on a laptop.
What Is a Limited Liability Company (LLC)?
Young couple looking at bills and paystubs while sitting on a white couch.
What Is the FICA Tax?
A couple does taxes together.
What Is Income Tax?
Stylist cutting hair of customer in barber shop
What Is an Employer Identification Number (EIN)?
Couple sitting inside their new house with their dog
What Is a Homestead Exemption?
woman in black shirt working on computer in a bright room
What Is a Tax Return?
mom and daughter at the kitchen table
What Is a Dependent?
Two men examine paperwork at a table.
What Are Taxes?
Person in striped shirt typing on computer at desk
What Is Taxable Income?
A couple sit on the floor of their living room using a laptop and binder to figure out how much they owe in direct taxes
What Is a Direct Tax?
Mature woman on phone looks at laptop in kitchen
What Is the Difference Between Gross Income and Net Income?
People outside near the Lincoln Memorial and the Reflecting Pool in Washington, D.C.
What Is Taxation Without Representation?
Woman working on a laptop surrounded by paperwork at home
What Is Tax Incidence?
Unemployed businesswoman carrying a cardboard box out of an office
How Much Is Severance Pay Taxed?
Blond woman in blue abrash sweater reviews papers at a desk near a laptop
Can You Deduct Legal Fees on Your Personal Taxes?
The 9 Community Property States of the U.S.: Washington, Idaho, Nevada, California, Arizona, New Mexico, Texas and Louisiana. Married couples who live in community property states jointly own their marital property, assets, and income.
Marital Taxes in Community Property States
Dark blue speedometer with yellow lighted odometer below orange sweep arm.
How To Calculate Mileage Deductions on Your Tax Return
Two people sitting in a glass office discussing paperwork
What Is a C Corporation?
woman working on laptop
What Is Form 1099-DIV?
Mother and son paying cashier at a supermarket
What Is Sales Tax?
Businessman using laptop in office
What Is a Tax Expense?
Smiling retired senior male smiling at smart phone while sitting with dog in room at home
How Much Can You Save in a 403(b) Retirement Plan?
Couple working on a tablet looking at financial statements
What Is Form 1099-INT?
People moving fragile boxes during a move
What Is Form 1099-A?
Two female colleagues discussing receipt with digital tablet in store
What Is Exempt Income?
Young couple with toddler sitting at a desk with accountant
What Is Tax-Deductible Interest?
person looking focused in front of her computer
What Is a Tax Shield?
Young woman with curly dark hair reads a letter outside
What Is Tax Evasion?
Two men look at a laptop and documents
What Is a Tax Benefit?
real estate agent showing property owners a new home, standing in the kitchen
What Is a Land Value Tax?
restaurant employee looks over paperwork to calculate tips
Are Tips Taxable? Here’s What You Need To Know
Young couple going over their home finances on a laptop
What Is a Tax Code?
Woman managing finances at home
What Is a Tax-Free Savings Account?
A young man walks across a gym on a new prosthetic leg with the help of a physical therapist
Is Short-Term Disability Taxable?
Woman at wooden desk works on laptop at home
What Is Schedule A of Form 1040?
Professional talking to colleague in her office while holding paperwork
What Is Form 1095-C?
A woman sits at a home table calculating taxes with piles of paper and a laptop
An Easy Way to Calculate Your Estimated Taxes and Possible Penalties
Woman checking bills
What Is a Tax Base?
Woman Having Coffee Break in a Sidewalk Cafeteria
What Is IRS Form W-8?
will i pay tax on my home sale?
Will I Pay Tax on My Home Sale?
A woman tries to calculate her taxes
What Is Provisional Income?
A woman looks at paperwork.
What Is IRS Publication 550?
Woman sitting at kitchen counter looking at bills
What Are Passive Activity Loss Rules?
Man works on taxes at home
What Is Tax Form 6251?
Man calculating expenses on a calculator while sitting at a table with a laptop and cup of coffee
What Is IRS Publication 463?
Man in a hospital bed looking at a doctor who's taking notes
The Tax Benefits of Health Savings Accounts (HSAs)
Successful African businessman working on computer in his office. Reusable coffee cup is near on the table.
Depreciation Recapture on Rental Real Estate
A young woman putting money into jar on her desk labeled 401K.
Taxes on Pensions and Annuities Income
Businesswoman calculating figures at her desk in bright office
What Is Tax Selling?
A doctor consults with a patient.
What Is Form 1095-B: Health Coverage?
Man in glasses looks at laptop while holding paper
What Is the Benefits Received Rule?
A person fills out paperwork at a desk.
What Is IRS Form 1045?
A person sits at her desk at home with her laptop in front of her as she looks at a tax form
What Is a Tax Schedule?
Man with glasses sitting on porch typing on laptop
What Is Vertical Equity?
Young family eating breakfast on moving boxes in new home
What Is Form 8396?
 
 
 
 

Tax Planning:

Tax Tools & Technology