Tax Deductions

If you have kids, you already know that education can be expensive. But your dear Uncle Sam has offered up a number of tax deductions and tax credits to help you.

It’s never too early to be thinking about income taxes and ways to pare down the bill.

If you have children or young dependents, you may be eligible to claim the child tax credit for 2021 and reduce your tax bill or increase your refund.

Are you nearing retirement and getting ready for tax season? Here are some retirement tax strategies to steer you in the right direction as the new year begins.

Planning a year-end charitable contribution? Learn about the charitable donations tax deduction and tax code changes for 2022.

It’s a good idea to review tax-planning strategies at the end of the year. Some strategies can even help reduce the tax burden or give yourself a larger refund.

It’s important to know how tax rules differ in retirement, when your income is typically lower.

You've worked hard to build your assets. An estate planning checklist can be helpful for any income level. Learn about 529 plans and other tax-advantaged strategies.

A capital loss deduction can offset capital gains and reduce tax liability, although there are important factors to consider. Let's look at some basic questions about capital losses for taxpayers.

Learn about basic capital gains tax on investment rules and tax-loss harvesting strategies to help maximize after-tax returns and potentially reduce the amount you owe.

The COVID-19 pandemic may have clouded retirees’ views on pursuing their retirement dreams. Some might be rethinking views on gathering in crowds and heading to foreign destinations.

Consider getting an early start to estate planning, no matter what your age or financial situation. Organizing your financial affairs and estate can be a fruitful exercise at any point of your financial journey, but the sooner, the better.

Tax credits can help reduce your tax burden and let you keep more of your money.

Do you want to own a second home as an investment or vacation property? Learn why it’s important to look before you leap.

Learn how new tax laws might impact your income, retirement and education savings plans, as well as your family's financial well-being.

Learn how donor-advised funds can help you amp up charitable donations and potentially offer tax benefits.

Thinking of buying a home but don't know what to expect from the changes to the tax code standard deduction? See how tax codes can impact purchasing your new home.

Learn what a tax deduction is, what items may be tax-deductible, and more tax basics you can use to potentially reduce your taxes.

Learn how a charitable remainder trust may help you receive income in retirement and direct the remainder to your favorite charity.

Municipal bonds are exempt from federal taxes, and maybe some state taxes as well. But there are certain tax considerations when investing in munis.

As the new year begins, it’s time once again to prepare for tax season. Here are six strategies that may help you lower your tax bill.

The complex task of preparing taxes is a priority for many people this time of year. Even if you plan to let a pro take on your taxes, it’s a good idea to brush up on the basics.

As the new year begins, it’s time once again to prepare for tax season. Here are five tips to help.

Investors should consider four key questions for a year-end portfolio view, including portfolio rebalancing and retirement contributions.