Taxes

The Pay-Less-Tax Man

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.

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.

The Pay-Less-Tax Man

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.

The Pay-Less-Tax Man

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.

Tax Planning

8 IRS Audit Flags

Anyone can get audited by the IRS. An audit can be random…it can be related to a transaction you made…

Taxes

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.

Tax Planning

Surprising Taxes on IRAs

One of the most appealing features of a traditional individual retirement account (IRA) is that you don’t pay income tax…

Tax Preparation

Questions to Ask When Hiring a Tax Preparer

Enlisting a professional to prepare your taxes can help ensure that your return is completed in the best possible way—and…

Cutting Taxes

7 Things You Didn’t Know Are Taxable

Ignore Them at Your Own Risk Buried treasure…generous gifts from your employer…and that iPad you got as a gift for…

Cutting Taxes

Last-Minute Tax Savers

Steps to Take Before Year-End Now is a great time of year to find tax savings. Enough of the year…

Cutting Taxes

Surprising Medical Deductions

Ranging from Home Renovations to Clarinet Lessons Family medical costs continue to rise, with more than half the respondents in…

Taxes

These Taxpayers Fought the IRS—and They Won!

Money-Saving Tips for Us All These recent victories by taxpayers over the IRS highlight tax-saving strategies that you might use…

Tax Planning

5 Tax Mistakes That Trap Widows and Widowers

Taxes are not the first thing on someone’s mind after the death of a spouse, but they are something that…

Cutting Taxes

5 Most Overlooked Tax Deductions

Tax time is probably the least fun time of year, and everyone who owes the government usually waits till the…

Taxes

Taxpayer Victories (and Defeats) Can Save You $$$

Tax rules are not always clear-cut. Several recent rulings, including some victories for taxpayers and some defeats, help clarify the…