Income is taxed by the federal government as well as the majority of states. Governments use income taxes to provide goods and services that benefit the American people. The three largest categories of expenditures from…

Remember paying taxes for the very first time? You probably had a whole lot of questions, and maybe you didn’t do things quite right. We asked a panel of professionals to talk about what experience…

During the era of Covid-19, when many of our homes have started to serve as dual-purpose offices, gyms, shopping centers, and cinemas, many of us are looking around with an eye to tidy things up…

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….

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…