How Trusts are Taxed
Trust taxation rules are complicated, but this rundown of the most popular trust types and their tax status will give you a good basic understanding.
Taxes
Estate Income Tax Planning for People with No Taxable Estates
Even if your estate won’t be big enough to owe estate tax, to save money, there are tax rules—and tax-planning moves—you should know about.
These Taxpayers Fought the IRS and Came Out on Top
Ordinary taxpayers can beat the IRS—and so can you. Here are important lessons from recent court disputes in which taxpayers prevailed.
Post-Tax-Season Planning Tips for 2018
Now that tax season is done, here’s how to switch into tax-planning mode and make your 2018 taxes as low as possible.
Tax Deduction Changes for 2018
The new tax law contains a lot of changes to deductions. Here’s what you need to know.
Tax Rules for Trading Cryptocurrency
If you trade in cryptocurrency, you could owe taxes on those assets. Here’s what to know in order to file your return correctly.
Many Taxpayers Are Now Underwithholding
With the new tax law in effect as of 2018, you should review how much income tax you are having withheld from your paycheck in light of the changes.
A Dozen Tax Breaks for Education Expenses
There are many tax breaks that can save parents and students money on the cost of college, primary and secondary education. Here are 12 of them.
New Tax-Planning Opportunities for 2018—Start Making these Moves Now
Even if you haven’t finished preparing your 2017 tax return, now is the time to consider these powerful tax-planning moves to reduce your taxes for 2018.
5 Strategies to Save Money Under the New Tax Law
Money-saving strategies to help you win under the new tax law when it comes to retirement accounts…deductions…home buying…borrowing…and more.
It’s Last Call for these Tax Deductions
With big tax changes coming for 2018, here’s what taxpayers should do before the end of 2017 to save on taxes.
Avoid Airbnb Tax Trouble
When renting out your home through a short-term rental service such as Airbnb, don’t ignore the tax consequences.
Avoid These Costly Year-End Tax Mistakes for 2017
Five year-end tax blunders to avoid as 2017 draws to a close.
Why “Tax Time” Is Now—And You Should Do These 10 Things in November or December
Here are 10 tax-saving moves that everyone should consider making before the year ends to save on taxes.
These Taxpayers Beat the IRS
Taxpayers who challenge the IRS in court are able to win nearly 20% of the time. Here are recent victories that could help other taxpayers save money.
Substantiate Your Deductions…Or Kiss Them Good-bye
Many tax filers claim legitimate deductions only to have them disallowed because they can’t substantiate them. Here’s how to prove all your deductions.
Second-Marriage Tax Considerations
Tax issues with a second marriage are much more complex than with a first marriage. Planning beforehand can save a lot of time, worry and money later.
8 IRS Audit Flags
Anyone can get audited by the IRS. An audit can be random…it can be related…
Surprising Tax Break for Renting Out Your Home
If you rent out your home or even a room in your home (or your vacation property) for at least 15 days a year, you can get a surprising tax break.
Surprising Taxes on IRAs
One of the most appealing features of a traditional individual retirement account (IRA) is that…