Capital vs. Ordinary: Classifying Income and Losses Affects Your Taxes
| Most of the time, how to classify gains and losses from selling an asset is fairly... |
The Ins and Outs of Deducting Legal Expenses
| The Ins and Outs of Deducting Legal Expenses |
| Legal expenses incurred by individuals are... |
Spring Cleaning: When Can You Purge Your Old Financial Records?
| Spring Cleaning: When Can You Purge Your Old Financial Records? |
| Feeling the urge to purge?... |
Update on Home Mortgage Interest Deductions
| If you own a home with a mortgage, you should receive an IRS form from your lender each year... |
Relying on Audit Techniques Guides
| Relying on Audit Techniques Guides |
| IRS examiners usually do their homework before meeting with... |
Maximize Write-Offs for Business Interest Expense
| Maximize Write-Offs for Business Interest Expense |
| When you take out personal loans to buy a... |
Will You Have to Pay Tax on Social Security Benefits?
| Will You Have to Pay Tax on Social Security Benefits? |
| Some people are under the misconception... |
There’s Still Time to Set Up a SEP for 2016
| There’s Still Time to Set Up a SEP for 2016 |
| Simplified Employee Pensions (SEPs) are... |
Remember RMDs this Tax Season
Did you know that, once you turn age 70½, you must start taking mandatory annual withdrawals from...
How S Corporations Can Save on Federal Employment Taxes
If you own an unincorporated small business, you may be getting fed up with high self-employment...