Taxes
Excise taxes and sales taxes both generate government revenue, but they work in fundamentally different ways. Sales taxes apply broadly…
Landing in a higher tax bracket can feel like a penalty for earning more, but it doesn’t have to be…
Co-signing a mortgage can affect your taxes in several ways, depending on the loan’s structure and the property’s use. In…
Under the One Big Beautiful Bill Act of 2025, the mortgage interest deduction limits established by the Tax Cuts and…
Capital gains count as taxable income and can affect your tax bracket, deductions and rates. They are taxed as short-term…
Custodial accounts are a common way for parents and grandparents to save or invest on behalf of a minor, but…
Winning the lottery can create instant wealth, but it also introduces immediate tax considerations. U.S. tax law generally treats lottery…
The tax implications of a parent living with you depend on several factors, including financial support, income levels and household…
Selling a home below its fair market value can trigger tax considerations that go beyond a standard real estate transaction.…
Pulling money out of a trust can feel straightforward, but the tax consequences are often anything but. Depending on how…
When you sell stocks, exchange-traded funds (ETFs) or other equity investments for more than you paid, the profit is generally…
Federal income tax applies to most people who earn income in the U.S., but the tax code includes limited exceptions.…