Filing joint tax returns generally results in the lowest tax bill for married couples. However, in some circumstances, they may pay less taxes if they file separately.

Right now, you may be more focused on what you’ll owe (or receive as a refund) when you file your 2024 tax return in April than on tax planning for the new year. However, as you work through your annual tax filing, you should familiarize yourself with amounts that may have changed for 2025 due to inflation adjustments.

As the holidays approach, it’s time to consider tax planning moves that will help lower your 2024 taxes, as well as set you up for tax savings in future years. Here are seven year-end tax planning ideas to consider.

This comprehensive look at Harris and Trump's tax proposals covers income tax rates, tax credits and deductions, capital gains tax, estate tax, corporate tax and more!

It’s a challenging time for many businesses. Therefore, any help you can get, such as tax incentives and sales tax exemptions, can make a big difference. Unfortunately, these benefits often go unclaimed because businesses don’t know about them or erroneously think they’re ineligible.

Understanding these 4 tax-saving drivers will help you make tax-smart decisions over time, including moving money into tax smart investments and creating liquidity via debt financing. Here's the key drivers that will change how you think about your money!

Before traveling for business, it’s important to know what’s tax deductible. Through 2025, employees aren’t permitted to deduct unreimbursed business expenses, including travel expenses, but self-employed people may deduct business travel expenses on Schedule C.

Are you in the process of starting a business or contemplating changing your business entity? If so, you’ll need to decide how to organize your company.

The standard deduction is a simple and effective way to reduce your taxable income without the complexity of itemizing deductions. It streamlines the tax filing process and ensures you benefit from a reduced tax liability.