Learn about the Section 25C tax credit for energy-efficient home improvements and how to maximize your savings.

Here are the October tax due dates for individuals and businesses.

Discover how equitable ownership can help maximize your mortgage interest and property tax deductions.

Discover the tax benefits and potential pitfalls of converting your traditional IRA to a Roth IRA with expert guidance.

Explore the pros and cons of installment sales for rental properties and learn how to spread tax liability over time.

Explore the stories of spouses entangled in financial scandals, IRS Innocent Spouse relief, and lessons from history’s infamous cases.

Here are the September tax due dates for individuals and businesses.

A Tax Olympics is brewing in D.C. as the two parties jockey for votes. Here is a summary of their presumed tax positions based on....

Here are the August tax due dates for individuals and businesses.

This article delves into the tax treatment of political donations, the distinctions between charitable contributions and political...

This article will delve into the intricacies of underpayment penalties and offer guidance on navigating these waters effectively.

We've compiled a comprehensive guide to help you understand the complicated world of tax-related identity theft and safeguard your...

Here are the July tax due dates for individuals and businesses.

Children dependent on their parents are subject to what is commonly referred to as the kiddie tax.

This article delves into who qualifies for an HSA, the tax benefits it provides, and how it can serve as a supplemental retirement plan.

Here are the June tax due dates for individuals and businesses.

Selling a property you have owned for an extended period will frequently result in a significant capital gain...

With May 17, 2024, the deadline for claiming 2020 refunds approaching, it's crucial for taxpayers to understand how to claim the 2020 cre...

Here are the May tax due dates for individuals and businesses.

In one way or another, tax deductions reduce the taxable portion of an individual’s income, reducing the tax on that income.