The IRS has issued repeated warnings over the past year about inaccurate advice and outright scams circulating on such platforms by people without the proper credentials. Here are some recent bogus claims that businesses and individuals have fallen for, putting them at risk of costly civil and criminal penalties, interest, and fees.
Conservation easements can be an effective way for wealthy taxpayers to achieve their philanthropic...
If you requested an extensionfor your 2023 federal income tax return, you have until six months...
What's the difference between capital gains and losses and ordinary gains and losses? The...
If you're an "experienced" taxpayer, you're probably entitled to some age-based federal income tax...
Do you work from home all or part of the time? If you're self-employed and meet certain...
If you payover half the cost of supporting a parent, your parent is considered your dependent for...
Once the 2023 tax year is over and the numbers are generally set in stone, you can itemize...
Beginning on January 1, 2024, the standard mileage rates for the use of a car (also vans, pickups...
It's challenging and expensiveto be a parent. The average annual cost of raising a child in the...