The IRS remains on the lookout for tax scams that can blindside unsuspecting taxpayers. Now two variations of past scams are currently making the rounds. Here’s what you need to know. Read on for more information.
Understanding how progressive tax rates apply to ordinary income creates a tremendous retirement planning opportunity. Read on for more information.
Separating truth from fiction is an important exercise for everyone. Here are five audit myths that, if believed, can cost you during an audit.
Summer is usually the time for relaxing, but it can also be a time for tax savings, especially if you’re still reeling from an unexpectedly large tax bill in April. Here are four timely tips:
Here are three prime examples of charitable tax breaks ripe for the picking if you know where to look. Read on for more!
Tax breaks drop dramatically as your children grow up, but you may be able to offset the losses with some timely tax planning. Consider the following tax events based on the age of your child. Read on for more information!
If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using Form 1040-ES. The second quarter due date is now here.
The savings limits for the ever-popular health savings accounts (HSA) are now set for 2020. The new limits are outlined here with current year amounts noted for comparison.
A closer look at the IRS data release reveals some audit pitfalls you should know about. Read on for more info.
You can begin receiving your Social Security retirement benefit as early as age 62. But by putting off your benefit start date you can receive a check that is 8 percent higher for each year you delay receiving your benefit. Read on for more info.
