You can deduct Medicare and other health insurance premiums when you run a small business in retirement.
Did your favorite charity lose its tax-exempt status? Maybe. The Internal Revenue Service has announced that around 275,000 nonprofit organizations automatically have lost their tax-exempt status because they did not file required annual reports for three consecutive years. This finding is critical not only for the groups, but also for taxpayers. Remember, one of the key
A couple of quotes jumped out during my weekend reading. The first comes from a front-page article in Saturday’s Wall Street Journal about banks making more loans to consumers and businesses. It closes with a couple that “took out a home equity line of credit this month to help finance the purchase of a 4,000