Buying a home – hands down – provides more tax relief than renting. The government has enacted laws that subsidize home ownership to nudge citizens toward buying and away from renting. If the federal government…
If you’re deciding how to invest your money, it’s important to understand the effects that these investments will have on your taxes. We asked a panel of professionals to share their opinions on this topic….
Do you ever long for the days when you filed just one tax form? Remember your first high-school job? Did it feel validating, somehow, to think that the US government cared that you were working…
What qualifies as a charitable donation for the IRS? What do I need to do to document these donations? Is it worth the bother? These are the universal questions about charitable donations and federal tax,…
Because Bitcoin has only been around since 2009, it still constitutes a murky area for many taxpayers. We asked the experts to set us straight on tax requirements for Bitcoin. Read on to learn more….
Are you a tax novice, an average citizen, or a tax whiz? Time to score your basic tax knowledge about filing taxes early. Take this short quiz. Give yourself a point for each correct answer….
Finding a good tax attorney can be a challenging task, especially if you’re not familiar with the legal profession. Tax law is complex and requires specialized knowledge, skills, and experience to navigate. However, with some…
“Do I really have to pay taxes on that?” No one likes to be surprised by the IRS, so here’s your chance to brush up on non-traditional income sources that are often mistakenly assumed to…
It’s been a dry season for the IRS thanks to COVID-19. The usual tax filing deadline of April 15 was pushed back until July 15. They have limited many of their usual activities to protect…
A woman walks into a sports store and sees a $200 puffer jacket marked down to $80. She lives in a warm climate and never wears jackets, but, how could she pass up such a…