Claiming Qualifying Dependents on Taxes – IRS Definition & Rules
When most people think of claiming a dependent on a tax return, they think of a child who lives with them. Historically, the Internal...
What to Do If You Can’t Pay the IRS Taxes You...
This tax season, many taxpayers are getting an unwelcome surprise: tax bills they weren't anticipating. When that happens, the first instinct is panic. After...
Moving for a Job: Tax-Deductible Expenses & Relocation Assistance
Did you move to take a new job this year, or are you considering moving for work in the near future? According to the U.S....
11 IRS Tax Audit Triggers – Red Flags You Should Know...
The last place you want to find yourself is in the Internal Revenue Service's crosshairs. In a tax audit, the IRS puts your entire financial...
11 Ways to Significantly Lower Your Taxes as a Real Estate...
Investment properties come with an incredible number of tax advantages. In addition to all the deductible expenses, real estate investors enjoy far more tax benefits...
What Are Capital Gains & Losses – How to Calculate Tax...
Whether you're new to the world of investing or thinking of selling stocks, bonds, or real estate you've had for some time, you need to...
Hobby Loss Rules: How to Preserve Your Side Business Tax Deductions...
Do you have a talent that provides value to others? If so, you may have considered turning that skill into a money-making venture. But...
5 Education-Related Tax Credits & Deductions for College Tuition & Expenses
For people without wealthy parents or a full-ride scholarship, paying for a college education is often a financial challenge. According to The College Board,...
5 Financial Moves to Make Before the End of the Tax...
At the end of the year, your thoughts are likely on the holidays, spending time with friends and family, and the promise of a...
Married Filing Taxes Jointly vs. Separately – Which Is Better?
Are you married? That seems like an easy question, but the answer can get complicated when it involves the filing status on your federal income...
How to Pay Taxes to the IRS – Online, Check or...
You've assembled and organized all of your tax documents to meet the April 15th tax filing deadline, and you've discovered that, unfortunately, you didn't have...
Do I Have to File Taxes and How Much Do I...
How do you feel when you think about taxes? Confused? Intimidated? Overwhelmed by the number of rules to follow and forms to complete? What...
