Personal Taxes

Learn how to save, find some little-known deductions, get the latest in tax breaks, and more in our Personal Taxes articles section.

What are estimated quarterly tax payments?

Quarterly estimated tax payments are one way the IRS makes sure you pay-as-you-go. Here's an easy guide to help you get it right.

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Is my hobby income taxable?

Many people earn a little income from activities that are more hobby than business, but you might not realize that income is taxable in the eyes of…

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What are the penalties for not filing taxes?

Has April 15th come and gone and you have avoided filing your taxes? Maybe you don't have the information to complete your return, or you don't have…

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Have you received your IRS check yet?

In the next few months, millions of Americans will be receiving a check in the mail from the U.S. Treasury. Many people think it's a refund of the…

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Where's my refund?

Although nobody likes filing taxes, a refund is cause for celebration. Most people receive their refund within three weeks- provided that they know…

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Does your kid owe taxes?

How early should kids learn about paying taxes? Chances are, it's sooner than you think. Even if your child is a dependent (under the age of 19 or a…

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Charitable contributions: How much can you write off?

Your ability to deduct charitable gifts depends on the type of donations you make and the organizations receiving them.

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Self-employment tax: What to know and how to calculate it

Self-employment taxes require quarterly payments calculated at a higher rate than employees who have their payments deducted from each of their…

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What are federal tax brackets?

In the U.S., different levels of income are taxed at different rates. Federal tax brackets indicate the rate to be paid on each level of taxable…

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Is your tax professional certified?

There's a difference between an accountant (someone who prepares your taxes) and a certified public accountant or CPA (someone who has received the…

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