After significantly postponing income tax deadlines for the past two years because of the ongoing pandemic, the deadline for most taxpayers to submit a federal tax return this year is Mon
Tag: taxes
Can You Write Off Your Home Office?
Here’s your guide to what can and cannot be deducted on annual tax returns. By Mia Taylor January 19, 2022 At a time when legions of Americans are suddenly working from home and may rem
The IRS already has all your income tax data – so why do Americans still have to file their taxes?
Beverly Moran, Professor Emerita of Law, Vanderbilt University Mon, January 31, 2022, 8:00 AM Doing taxes in the U.S. is notoriously complicated and costly. And it gets even worse&nb
Your 2021 Tax Brackets vs. 2020 Tax Brackets
John Waggoner, AARP, Updated January 28, 2021 You might be filling out your tax return for 2020, but you’re living in tax year 2021, and tax year 2021 has substantial differences from
Tax Tips for 2020
As 2020 comes to a close, finally, many of us start thinking about taxes. We should have thought about tax-saving strategies at the start of the year, but, you know, we were too busy worrying about
17 States With Estate or Inheritance Taxes
by John Waggoner, AARP, October 5, 2020 Eleven states have only an estate tax: Connecticut, Hawaii, Illinois, Maine, Massachusetts, Minnesota, New York, Oregon, Rhode Island, Vermont and Washingto