Taxes
Latest in Taxes
EITC Amounts for 2026: Key Credits by Filing Status
The IRS has announced inflation-adjusted EITC amounts for 2026, with maximum credits between $664 and $8,231 depending on family size.…
Minnesota 2026 Tax Brackets and Deductions: Rates by Filing Status
Minnesota has updated its 2026 tax brackets and deductions. Rates remain 5.35%–9.85%, but income thresholds have risen by 2.369%. New…
Traditional IRA Deduction Limits & Phaseouts 2025/2026
The American retirement savings landscape stands at a crossroads. For decades, the Traditional IRA served as the cornerstone of middle-class…
Ohio 2026 Tax Update: 0% to 2.75% Flat Nonbusiness Rate
Ohio will implement a 2.75% flat tax on nonbusiness income starting in 2026, with the first $26,050 exempt. This move…
Oregon 2026 Income Tax Brackets and Local Multnomah Taxes Explained
New Oregon arrivals must navigate state income tax brackets ranging from 4.75% to 9.9%. Key tasks include confirming residency, selecting…
Utah 2026 Income Tax: Flat Rate Discussed, Pending Updates
Utah applies a flat income tax rate, recently reduced to 4.50% for 2025. Because the state uses federal AGI as…
Strategic Review of 2025–2026 HSA Contribution Limits and Planning
The IRS has raised HSA contribution limits for 2025 and 2026. Individual limits will reach $4,300 in 2025 and $4,400…
South Dakota 2026 Income Tax: No State Tax Brackets or Filing
South Dakota features no state income, estate, or inheritance taxes for 2026. To fund public services, the state utilizes a…