What are short-term capital gains taxes? Short-term capital gains tend to be when you owned an asset for a year or less before selling it for a profit. Short-term gains may be taxed at a higher rate than long-term ones.
Wash-sale rule: A key consideration in tax-loss harvesting Within tax-loss harvesting, the wash-sale rule prohibits you from writing off an investment loss, which could make your taxes higher than hoped. Learn how to identify and avoid wash sales.
What is a 401(k)? The 401(k) is a common workplace retirement plan that gives employees the opportunity to invest for retirement in a tax-advantaged way. Learn how it can serve as a pillar of wealth building.
Gift tax: What is it and how does it work? Gift taxes are levied when a person gives away more than the annual per-recipient limit. Learn more about the exclusions, tax rates, and how to avoid gift taxes.
Standard deduction: Tax advantage The standard deduction is a fixed dollar amount that reduces the portion of your income on that you’re taxed. It allows taxpayers to reduce their taxable income and simplify the tax process.
Prep your W-4 form for 2025 tax season The amount of tax you pay – and withhold along the way – can have a big effect on your finances at filing time. One document can make a big difference: your W-4.
What is a Roth IRA? A Roth IRA is a type of investing account designed for retirement savings. Find out if it may be the right investment vehicle to help you meet your goals.
What’s the difference between after-tax contributions to a 401(k) plan vs. Roth 401(k)? While similar, Roth and after-tax 401(k) plans have several key differences. Dig deeper into the pros and cons of each.
Tax 101: Understanding the basics Understanding the tax system can help individuals and businesses navigate their financial strategies to minimize the impact of taxes.
When are taxes due? Deadlines for 2025 filing season U.S. income taxes are due Tuesday, April 15, 2025. Learn about tax deadlines and filing dates to be prepared for Tax Day.
What taxes do I pay in retirement? One often-overlooked aspect of retirement planning is the impact of paying taxes in retirement.
Charitable giving: Tax-smart strategies for doing good Developing a tax-savvy giving back strategy can be an important part of a comprehensive financial plan — and help make doing good an effective year-round endeavor.