Taxes

Taxes

Tricky Tax Twists Following a Spouse’s Death

Nothing is certain except death and taxes—and that widows and widowers will discover that the former makes the latter more…

Taxes

Taxpayer Victories and Defeats

The IRS is always challenging taxpayers on matters ranging from business expenses to legal settlements to unusual assets. Thousands of…

Taxes

Frequently Overlooked Tax Deductions for 2021

Whether you take the standard deduction or itemize for the 2021 tax year, here’s what deductions you can take, including what has changed.

Taxes

How the ­American Rescue Plan Will Affect Your Taxes and Health Insurance

The $1.9 trillion American ­Rescue Plan Act received plenty of publicity for providing a third round of stimulus checks and…

Taxes

Benefits of the New Stimulus Bill

Provisions in last year’s financial stimulus bill may have an effect on your income tax filing for medical expenses, donations and/or your retirement.

Taxes

Seven Ways Your 2020 Tax Return Could Be Different

The pandemic will make this year’s tax return preparation a bit different than most years. Here’s what you need to watch out for.

Tax Planning

Frequently Overlooked Tax Deductions for 2020

The new tax law contains a lot of changes to deductions. Here’s what you need to know.

Tax Planning

How You Invest in Gold and Silver Will Affect Your Taxes

As gold and silver prices have soared, your tax bite can vary a lot depending on whether you invest in coins, ETFs or mining stocks. Here’s how to choose.

Tax Planning

Smart Strategies for 2020 Year-End Tax Planning

Big developments ranging from the pandemic and recession to new retirement plan rules could affect your taxes for this year.

Cutting Taxes

How To Use Losses to Cut Taxes

For the first time in decades, there are great opportunities to offset stock gains with stock losses, but you have to be strategic and avoid mistakes.

Cutting Taxes

Congress Reverses Course on the Kiddie Tax

A change in the tax rules for children with unearned income could mean a big break for many families.

Cutting Taxes

Seven Tax-Friendly States

Seven states where the overall tax burden is low and there is no estate tax or tax on Social Security benefits or income tax unless otherwise noted.

Cutting Taxes

The Challenge of Switching States to Save on Taxes

Residents of high-tax states who move to low-tax states may be pursued by the states they leave behind. How to do it right.

The Pay-Less-Tax Man

Choosing the Right Business Structure is Crucial for Taxes

Choosing the right structure for a business can have important tax implications.

Tax Planning

Frequently Overlooked Tax Deductions for 2019

The new tax law contains a lot of changes to deductions. Here’s what you need to know.