Taxes & Income
You work hard, so it's important to understand how taxes affect income. See what makes a paycheck and be prepared for tax season.
You work hard, so it's important to understand how taxes affect income. See what makes a paycheck and be prepared for tax season.
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Your tax bracket explained
Beyond salary: Benefits may matter more than you think
There’s more to your job than salary. Learn how benefits can help lower your tax bill and even earn you a refund.
What to do with your tax refund: 9 simple ideas
5 ways civilian and military pay are different
Understanding 5 key differences between your civilian paycheck and your LES can reduce the likelihood of surprises — and help you pick the job that’s best for you.
Your guide to key tax terms
Knowing tax vocabulary can make filling out the paperwork less intimidating when it’s time to file. Check out 6 key terms that can help you make sense of it all.
Tax planning when you work part-time
New job? Make the most of your employee benefits
New jobs mean big changes, but it’s important to remember the basics. These 4 details can help in your workplace transition.
Guide to your paycheck
8 tax deductions and credits to save you more money
Don’t leave money on the table at tax season. Consider these 8 common strategies to help you lower your taxes.
What former military members need to know about taxes
Transitioning from time in the service to civilian life means different tax rules. Here are 5 things you need to know to avoid surprises.
6 steps for 20-something tax filers
Whether this is your first time filing your taxes or your fifth, following 6 simple steps can help you avoid mistakes...
Documents you need to do your taxes
Negotiating salary: Get paid what you’re worth
Negotiating your first salary can be intimidating. These do’s and don’ts of offers can help you start off strong.
5 key tax questions to ask if you're self-employed
How to earn money from a hobby or skill
Could you make a profit doing something you love? Get smart tips on converting your hobby into a moneymaker that could supplement your primary source of income.
Your pain-free guide to health insurance
This pain-free guide covers the basics you need to pick a health insurance plan that won’t break the bank.
Where will I get health insurance?
What to do with your pay raise (or any other financial windfall)
A promotion or change in income can help you achieve financial goals. Learn more from Better Money Habits about financial budgeting after a pay raise.
Tax time: Should you itemize deductions?
As you prepare your tax return, you may wonder: Should I itemize deductions? Before you get started, check out these 4 questions to see if itemizing deductions is right for you.
Estate planning in a digital world
Learn how to keep your assets accessible, organized and secure in 4 steps for the digital age.
Smart ways to transfer the family business
Tips for how to transfer business ownership to a family member. Considerations for how to structuring your business transfer that could benefit your family and retirement income.
Job loss
While it may be tempting to reach for retirement assets after losing a job, look for other sources that won't have an impact on your long-term plans.
Starting a business
Starting your own business can be exciting and challenging. Learn the basics of planning, preparing and launching your new endeavor.
Did You Know?
If you have unused money in a flexible spending account (FSA) at the end of the year, it may not be refunded.
Did You Know?
The IRS estimates that people spend 12 hours on average preparing their tax returns each year.
Did You Know?
A tax credit reduces the amount of tax you owe dollar for dollar.
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Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. These ads are based on your specific account relationships with us.
To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs.
