What Is a 1031 Exchange? Definition and Rules

A 1031 exchange can be complicated, but it has some big tax advantages. Here's how it works and what to remember.

Form 1099-INT: How It Works, Who Gets One

If you received interest income throughout the year, you'll probably receive a Form 1099-INT detailing those payments. Here's what it means and what to do with it.

Tax-Deductible Donations: Rules for Giving to Charity

Here's more on what kind of donations are tax-deductible, and how to claim a deduction for charitable contributions.

What Is a Marginal Tax Rate? Definition and Calculator

The tax rate you pay on the highest portion of your taxable income is known as your marginal tax rate. Here’s how to determine it.

How to Claim a Tax Dependent: Rules, Qualifications

Tax dependents are either qualifying children or qualifying relatives, and they can score you some big tax breaks.

IRS Tax Payment Plan: How It Works, How to Apply

Eligible taxpayers can apply online to set up an IRS installment agreement and pay their tax bills over time.

Tax Planning: 7 Tax Strategies and Concepts to Know

Know your bracket, how key tax ideas work, what records to keep and basic steps to shrink your tax bill.

Tax Relief and Resolution: 5 Ways to Deal With Tax Debt

If you're behind on taxes or finding it hard to keep up with your IRS payments, here are five tax relief options that could help.

What Is Backup Withholding?

Backup withholding is a tax on certain nonpayroll income. Learn more about how it works, which payments it applies to and how to stop it.

California Sales Tax: Rates, Calculator, Who Pays

The statewide sales tax in California is 7.25%, but it can be higher due to district taxes.

Need a Tax Extension? You Might Already Have One

If you were out of the country, were in the military or in a natural disaster, you might have more time to file.

IRS First-Time Penalty Abatement: What It Is, How to Apply for Relief

The first-time penalty abatement lets qualifying taxpayers reverse the penalties for not filing a tax return or paying on time.

Head of Household Tax Filing Status: Rules, Who Qualifies

Using the head of household tax filing status could save you money if you qualify.

Property Tax: Definition and How to Calculate

Your property tax bill is mostly based on your property's location and value. Here's more on what it is & how to pay.

What Is Form 1095-C? Definition, What to Do With It

Form 1095-C is not required for employees to file taxes, but it’s good to keep it for your tax records.

Florida Sales Tax: Rates, Calculator, Who Pays

In Florida, the general state sales tax is 6%, but there are exceptions and an additional surtax in many counties.

New York City Sales Tax: What Is It and How Does It Work?

New York City charges an 8.875% tax on most retail items. Here are the details on the NYC sales tax.

4 Good Ways to Put Your Tax Refund to Work

That check from the IRS can be a windfall. Don't let it go to waste.

TurboTax vs. TaxAct 2025

There is stiff competition between the biggest tax-prep software providers. TurboTax may be more widely recognized, but TaxAct is a strong competitor with its affordable tax help.

What Is Form 5498: IRA Contribution Information?

Form 5498 documents individual retirement account (IRA) contributions, rollovers and distributions. You don’t need to fill it out or send it to the IRS — just keep it for your records.