If you’re planning on selling your home, even years from now, you’d do well to familiarize yourself with the IRS’s Section 121 exclusion on home...
Maryann Reyes, CPA, PFS
Articles by this author
Tax Planning: Year-Round Strategies to Lower Taxes and Keep More of Your Money
While tax preparation means completing tax forms—or bringing paperwork to a tax preparer—tax planning means making money decisions with an eye toward minimizing tax bills....
Tax Changes for 2026 and 2027: What’s Coming Next
Each new year brings new and modified tax laws. As the end of 2026 approaches, tax preparer Maryann Reyes offers a rundown of the tax...
What Are Qualified Dividends and How Are They Taxed?
When corporations pay dividends, their shareholders often must pay taxes on those dividends. The tax rates they pay depend not only on their own tax...
New Rules on Charitable Giving Tax Deductions
Thinking about donating to your favorite charities? The recently passed tax legislation, known as the One Big Beautiful Bill Act (OBBBA), provides an added incentive—you...
Tax Planning for 2025
The 2024 tax filing season is over, and now is the time to think about 2025 tax planning—there are two months left to give the...
What Is a Wash Sale?
Some investors looking to claim portfolio losses on their taxes may be unaware of the wash sale rule. To find out what a wash sale...
How Much Is Capital Gains Tax? What You Should Know
If you sell an asset at a profit, you’ve generated a capital gain. Does that mean you will owe the IRS capital gains taxes on...
What Are the Different Tax Brackets for 2026?
Federal income tax rates haven’t changed dramatically for the better part of a decade—they’ve ranged from 10% up to 37% since 2018. But while rates...
What Medical Expenses Are Not Tax-Deductible?
Are medical bills tax-deductible? Is dental work tax-deductible? The answer to both questions is yes…sometimes. Before you take any medical expense deduction, there are some...
Lessons From US Tax Court
Taxpayer alert: After clawing back more than $1 billion in back taxes last year, a more assertive IRS has pledged to raise tax-return audit rates...
Is My Annual Bonus Taxed?
Hoorah! You received a year-end bonus from your employer. But the bonus check you receive likely is less than you were promised—22% less. The reason...
