States with No Estate Taxes or Inheritance Taxes
States with No Estate Taxes or Inheritance Taxes

New Mexico Getty Images Overall Rating for Taxes on Retirees: Not tax-friendly. Sales Tax: 5.125% state levy. Localities can add...

Can You Claim the Home Office Deduction on Your 2020 Tax Return?
Can You Claim the Home Office Deduction on Your 2020 Tax Return?

People working from home because of the pandemic are wondering if they can get a tax deduction out...

When Can You File Your Taxes This Year?
When Can You File Your Taxes This Year?

The sooner you file your tax return, the sooner you'll receive any refund due (and, this year, you...

Tax deductions, no itemizing required, on Schedule 1
Tax deductions, no itemizing required, on Schedule 1

I've always done my taxes. When the hubby and I married, I continued this annual task, now filing...

Scammers target tax preparers in new EFIN phishing email
Scammers target tax preparers in new EFIN phishing email

The Internal Revenue Service won't start accepting and processing 2020 tax returns until Feb. 12. Tax professionals, however, have...

Save on Child Care Costs
Save on Child Care Costs

The high price of child care is all too familiar to my family. The monthly cost of care...