Taxes

Plan ahead for taxes with information on tax rules, tax-smart account selection, tax-efficient investing, and managing taxes on distributions. 

Trader Taxes: Form 8949 & Section 1256 Contracts

Traders have special tax considerations, including Schedule D, Form 8949, Section 1256 contracts, and collectibles tax treatment. Here are a few tips for tackling the extra filing.

How to Deal With an Unexpected Tax Bill

It may not take much to trigger a surprise tax bill. Here are some ideas for dealing with your liability without creating more financial woes.

Can You Get a Retirement Match From Uncle Sam?

The Saver's Credit is like a retirement match from Uncle Sam if you qualify. Here's what you need to know—and do.

2023 Tax Brackets and Contribution Limits

Inflation prompted many changes to tax brackets and contribution limits. Here's a look at the most significant.

Deferring Taxes on an Investment Property Sale

A 1031 exchange can help you defer capital gains taxes on an investment property by investing sale proceeds into another property.

How to Handle an Inherited Business

Inheriting a business can be a great honor—and potentially a great burden. Here's how to assess its viability and navigate the tax bill.

What’s in the Inflation Reduction Act?

The $750 billion Inflation Reduction Act of 2022 aims to combat climate change and increase tax revenues. Here's what it could mean for you.

How to Minimize the Risk of an IRS Audit

A number of tax audits result from preventable mistakes. Here are the five most common audit red flags—and what to do to avoid them.

How to File a Corrected 1099

Corrected 1099s typically mean there's been an income reallocation. Here's why it happens and what you need to do to update your tax filing and keep the IRS happy.

Mark-to-Market & Trader Taxes

Learn the unique tax considerations that impact full-time traders' bottom lines, including qualifying under special IRS rules.