What is PITI? PITI stands for principal, interest, taxes, and insurance. It's what makes up your annual homeownership expense and determines how much house you can afford.
What is tax-loss harvesting? Tax-loss harvesting is the investing technique of selling depreciated securities to offset gains within a given tax year.
How long does it take to get a tax refund? Get a breakdown of how much time it generally takes to receive a tax refund depending on how the return is filed and which method is chosen to receive the refund.
Federal income tax: Rules & ways to reduce your tax burden The federal income tax is a tax the federal government imposes on the money each individual earns, whether it’s through a full-time job, a business they own, or their investments.
What happens if you don’t file taxes on time? Learn the implications of missing the deadline for filing your tax return, including the consequences and options for filing your tax return late.
What would Americans do with a windfall? Explore how Americans would spend a windfall in 2024, from savings and debt repayment to indulgent purchases.
How to reduce taxable income: Can the average American pay no taxes? Taxes are a huge expense for many households. Here are a handful of examples of how taxpayers can reduce their federal tax burden.
Understanding property tax rates Property tax rates vary significantly from city to city and state to state. Learn how to calculate your property taxes, pay them, and deduct the payment on your federal tax return.
How married filing separately works & when to do it Married filing separately means that you and your spouse report separate tax returns. Learn whether filing separately or jointly is better for your tax situation.
Taxes on inheritance & how to avoid them See how taxes on inheritances work, the different types of taxes that apply, and how to manage that tax liability.
Understanding the tax-advantaged SEP IRA A SEP IRA — short for simplified employee pension plan — is a tax-advantaged retirement plan designed for business owners, including self-employed individuals. Learn its pros and cons to help you determine if it's the right retirement option for you.
What is tax liability? Tax liabilities can be a major expense for many households and individuals. Learn the basics of tax liabilities are and how you can help reduce them.