Taxes

Tax Preparation

IRS Efforts to Thwart Scammers Can Delay Refunds

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.

The Pay-Less-Tax Man

Choose Wise Asset “Location,” Not Just Asset Allocation

Here are some ways to save taxes by shifting around some of your investments among taxable and tax-advantaged accounts.

Tax Planning

Don’t Let the New Kiddie Tax Hurt You

Before you put investments in a child’s name, run these numbers

Tax Planning

Some Home Owners Could Legally Defer Their Property Taxes—Are You One?

Two dozen states let some seniors delay paying their property tax until they sell their homes or die—a potentially huge savings.

The Pay-Less-Tax Man

Dealing With Tax Return Filing Extensions, Delinquent Returns and Amended Returns

Here are issues to be aware of when filing a tax return past the due date or amending a return.

Cutting Taxes

Stock Funds That Slash Taxes

Stocks have had huge run-ups during the bull market that began in 2009. These funds protect you from a growing tax bite.

The Pay-Less-Tax Man

Avoid These Red Flags That Can Cause Audits

There are various ways to deal with red flags to avoid an IRA audit. Here are 15 key ways.

The Pay-Less-Tax Man

How to Keep Your Tax-Prep Fees Low—From a Tax Preparer

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.

The Pay-Less-Tax Man

Here Are the 2019 Contribution Limits and Other Tax Numbers You Need to Know This Year

Here are the 2019 numbers for retirement account contributions, Social Security tax, gift tax, mileage deductions, capital gains tax and other key IRS rules.

The Pay-Less-Tax Man

Here Are the Tax and Other Financial Records You Should Keep Forever—and Those You Should Toss

Here’s how long you need to keep different kinds of financial records ranging from tax documents to investment records, insurance policies and others.

The Pay-Less-Tax Man

End-of-Year Moves to Cut Your 2018 Taxes

To minimize your 2018 tax liability, check out these end-of-year tax-saving moves right now, before 2018 ends.

Cutting Taxes

Pay 0% Cap-Gains Tax

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.

The Pay-Less-Tax Man

If You Invest in Real Estate, Check this Checklist To Save on Taxes

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.

The Pay-Less-Tax Man

If You Owe Back Taxes, Here’s What to Do

Uncle Sam is mighty, but you have more control over your fate than you might think—if you know what steps to take.

Tax Preparation

The New 1040 Form Is Not So Simple

The 1040 tax form has shrunk for 2018, but that doesn’t necessarily make your taxes simpler or quicker to fill out.