--- title: | Income Tax description: Income Tax | Chandler & Knowles CPAs is dedicated to serving our clients with an integrated approach to financial success for businesses, families and individuals. --- [![Chandler & Knowles, CPA](https://blog.chandlerknowlescpa.com/hubfs/Chandlerknowlescpa_January2018%20Theme/Images/chandler-knowles-logo-updated.png)](https://www.chandlerknowlescpa.com) - [Home](https://www.chandlerknowlescpa.com/) - [About](https://www.chandlerknowlescpa.com/about/) - [Case Studies](https://www.chandlerknowlescpa.com/case-studies/) - [Testimonials](https://www.chandlerknowlescpa.com/client-testimonials/) - [Services](https://www.chandlerknowlescpa.com/services/) - [Individual Tax Preparation](https://www.chandlerknowlescpa.com/services/tax-preparation/) - [Advanced Tax Planning](https://www.chandlerknowlescpa.com/services/advanced-tax-planning/) - [Financial Planning](https://www.chandlerknowlescpa.com/services/financial-planning/) - [Risk Assessment](https://www.chandlerknowlescpa.com/services/insurance-risk-assessment/) - 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[Contact](https://www.chandlerknowlescpa.com/contact-us/) # Financial Planning Insights ## [How Do Tax Brackets Work?](https://blog.chandlerknowlescpa.com/how-do-tax-brackets-work-chandler-knowles) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | December 11, 2025 | [0](https://blog.chandlerknowlescpa.com/how-do-tax-brackets-work-chandler-knowles#comments-listing) ## [How Do Tax Brackets Work?](https://blog.chandlerknowlescpa.com/how-do-tax-brackets-work-chandler-knowles) ## [Will COVID-19 Affect My 2020 Taxes?](https://blog.chandlerknowlescpa.com/will-covid19-affect-my-taxes) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | August 10, 2020 | [0](https://blog.chandlerknowlescpa.com/will-covid19-affect-my-taxes#comments-listing) [![will covid affect my taxes](https://blog.chandlerknowlescpa.com/hubfs/Inline%20Blog%20Images%20(7).png)](https://blog.chandlerknowlescpa.com/will-covid19-affect-my-taxes) For most people in the United States, the first half of 2020 has been like nothing they have ever seen before. Health issues as a result of the Coronavirus have resulted in businesses closing or reducing the number of employees that they need. This has led to high unemployment and the stock market going to its lowest point since 2008. As the.. [Read More](https://blog.chandlerknowlescpa.com/will-covid19-affect-my-taxes) ## [Guide to Tax on Capital Gains](https://blog.chandlerknowlescpa.com/guide-to-tax-on-capital-gains) By [Chandler and Knowles](https://blog.chandlerknowlescpa.com/author/chandler-and-knowles) | May 07, 2019 | [0](https://blog.chandlerknowlescpa.com/guide-to-tax-on-capital-gains#comments-listing) [![2019-05-02_1432](https://blog.chandlerknowlescpa.com/hubfs/2019-05-02_1432.png)](https://blog.chandlerknowlescpa.com/guide-to-tax-on-capital-gains) A capital gains tax is an [income tax](https://blog.chandlerknowlescpa.com/taxable-vs.-non-taxable-income) the IRS imposes on proceeds from a sale of an asset. Basically, a capital gain is the difference between what you paid for an asset and the amount of the subsequent sale. The assets targeted for a tax on capital gains are capital assets like stocks, bonds, jewelry, a coin collection, and your home. [Read More](https://blog.chandlerknowlescpa.com/guide-to-tax-on-capital-gains) ## [Trump's Tax Plan Guide](https://blog.chandlerknowlescpa.com/trumps-tax-plan-guide) By [Chandler and Knowles](https://blog.chandlerknowlescpa.com/author/chandler-and-knowles) | April 10, 2019 | [0](https://blog.chandlerknowlescpa.com/trumps-tax-plan-guide#comments-listing) [![accounting-finance-hand-921783](https://blog.chandlerknowlescpa.com/hubfs/accounting-finance-hand-921783.jpg)](https://blog.chandlerknowlescpa.com/trumps-tax-plan-guide) In December of 2017, President Trump signed a new tax reform bill into law. With this bill came a number of significant tax changes to tax paying citizens. With all these new changes, we understand how you might be feeling overwhelmed. [Read More](https://blog.chandlerknowlescpa.com/trumps-tax-plan-guide) ## [Earned Income Tax Credit FAQs](https://blog.chandlerknowlescpa.com/earned-income-tax-credit-faq) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | October 16, 2018 | [0](https://blog.chandlerknowlescpa.com/earned-income-tax-credit-faq#comments-listing) [![income-tax-491626_1920](https://blog.chandlerknowlescpa.com/hubfs/income-tax-491626_1920.jpg)](https://blog.chandlerknowlescpa.com/earned-income-tax-credit-faq) ## **What is the Earned Income Tax Credit?** [Read More](https://blog.chandlerknowlescpa.com/earned-income-tax-credit-faq) ### Recent Posts ### Subscribe to Our Blog #### About Chandler & Knowles CPAs: Chandler & Knowles CPAs is dedicated to serving our clients with an integrated approach to financial success for businesses, families and individuals. Our knowledgable team is committed to providing you with the most detailed information to answer your biggest financial questions and to help make your life less taxing. Learn more about achieving financial success by reading our blog! ### Recent Posts Chandler & Knowles CPAs 7370 Hawk Rd Flower Mound, TX 75022 (817) 369-3681 Hours of Operation: Monday - Friday 8:30 a.m. – 4:00 p.m. Saturday & Sunday: Closed Other times Available by Appointment ![](https://px.ads.linkedin.com/collect/?pid=3265964&fmt=gif) ![](https://px.ads.linkedin.com/collect/?pid=3265964&fmt=gif)