In many states, an individual can qualify as a resident for tax purposes under two sets of circumstances. It’s vital to follow the rules closely.
The clothing you no longer wear could be worth hundreds of dollars (or more) in tax deductions—much more than it would bring at a garage sale.
A new IRS procedure to verify identities and thwart scammers can delay your refund and give scammers a new opening to scam you. Here’s how to win.
Here are some ways to save taxes by shifting around some of your investments among taxable and tax-advantaged accounts.
Before you put investments in a child’s name, run these numbers
Two dozen states let some seniors delay paying their property tax until they sell their homes or die—a potentially huge savings.
Here are issues to be aware of when filing a tax return past the due date or amending a return.
Stocks have had huge run-ups during the bull market that began in 2009. These funds protect you from a growing tax bite.
There are various ways to deal with red flags to avoid an IRA audit. Here are 15 key ways.
What you do during tax season and all year—and even what kinds of investments you choose—can optimize your time and reduce your tax-prep costs.
Here are the 2019 numbers for retirement account contributions, Social Security tax, gift tax, mileage deductions, capital gains tax and other key IRS rules.
Here’s how long you need to keep different kinds of financial records ranging from tax documents to investment records, insurance policies and others.
To minimize your 2018 tax liability, check out these end-of-year tax-saving moves right now, before 2018 ends.
Because of a higher standard deduction in the new federal tax law, it is easier for many Americans to pay no long-term capital gains tax at all.
There are many potential tax benefits to owning real estate as an investment—but to get them, you need run through this important tax-saving checklist.
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