Bankrate.com: Tax Headlines http://www.bankrate.com/default.aspx Advice to keep you on track for the big day in April -- and throughout the year en-us Copyright 2013, Bankrate Inc. Fri, 24 May 2013 08:11:59 GMT webmaster@bankrate.com (webmaster) Bankrate Inc. http://www.bankrate.com/Images/logos/bankratelogo.gif http://www.bankrate.com/default.aspx 118 22 60 Why a Roth IRA conversion makes tax sense Earning too much money to open a Roth IRA doesn't mean you can't have one. Thu, 23 May 2013 00:00:00 GMT http://www.bankrate.com/finance/retirement/roth-ira-conversion-makes-tax-sense.aspx http://www.bankrate.com/finance/retirement/roth-ira-conversion-makes-tax-sense.aspx Can I get a tax break for my rental home? You can claim two tax deductions: the mortgage interest and depreciation for the property. Thu, 23 May 2013 00:00:00 GMT http://www.bankrate.com/finance/taxes/tax-deductions-investment-property.aspx http://www.bankrate.com/finance/taxes/tax-deductions-investment-property.aspx Business and pleasure travel write-offs A vacation can be even more satisfying when you get financial help for your trip via the tax code. Wed, 22 May 2013 00:00:00 GMT http://www.bankrate.com/finance/taxes/tax-help-for-business-pleasure-trips-1.aspx http://www.bankrate.com/finance/taxes/tax-help-for-business-pleasure-trips-1.aspx Is mortgage payment for rental tax-deductible? You can't deduct mortgage payments, but you can take other tax breaks on rental property. Tue, 21 May 2013 00:00:00 GMT http://www.bankrate.com/finance/mortgages/deduct-mortgage-payments-for-rental.aspx http://www.bankrate.com/finance/mortgages/deduct-mortgage-payments-for-rental.aspx Roth IRA withdrawal penalties? Whether you pay a penalty on Roth IRA withdrawals depends on a few factors. Thu, 16 May 2013 00:00:00 GMT http://www.bankrate.com/finance/taxes/penalty-on-withdrawals-from-roth-ira.aspx http://www.bankrate.com/finance/taxes/penalty-on-withdrawals-from-roth-ira.aspx When it's OK to tap your IRA If you need to take money from your IRA, here's when Uncle Sam says it won't cost you extra. Wed, 15 May 2013 00:00:00 GMT http://www.bankrate.com/finance/money-guides/when-it-s-ok-to-tap-your-ira-1.aspx http://www.bankrate.com/finance/money-guides/when-it-s-ok-to-tap-your-ira-1.aspx What does it mean to claim insolvency? The definition of assets is important in determining the extent to which a person is insolvent. Tue, 14 May 2013 00:00:00 GMT http://www.bankrate.com/finance/taxes/what-does-it-mean-to-claim-insolvency.aspx http://www.bankrate.com/finance/taxes/what-does-it-mean-to-claim-insolvency.aspx Taxed to the max in nondeductible IRA All gains in your IRA will be taxed at ordinary income tax rates, no matter what their nature. Thu, 09 May 2013 00:00:00 GMT http://www.bankrate.com/finance/taxes/converting-nondeductible-ira-to-roth.aspx http://www.bankrate.com/finance/taxes/converting-nondeductible-ira-to-roth.aspx Want to reduce property tax? Beware scams It's free to challenge property taxes. Watch out for companies that want to charge you for it. Wed, 08 May 2013 00:00:00 GMT http://www.bankrate.com/finance/taxes/beware-scams-when-cutting-property-taxes.aspx http://www.bankrate.com/finance/taxes/beware-scams-when-cutting-property-taxes.aspx Lost $30K in investment venture, now what? Attorney fees paid while defending your right to an investment asset can be added to its basis. Tue, 07 May 2013 00:00:00 GMT http://www.bankrate.com/finance/investing/claim-losses-on-investment-property-venture.aspx http://www.bankrate.com/finance/investing/claim-losses-on-investment-property-venture.aspx Tax record-keeping tips Don't drown under tons of old tax forms. Here are the best ways to organize your records. Wed, 01 May 2013 00:00:00 GMT http://www.bankrate.com/finance/money-guides/tax-record-keeping-tips8-114874-1.aspx http://www.bankrate.com/finance/money-guides/tax-record-keeping-tips8-114874-1.aspx Roll over 401(k) loan or pay penalty and taxes? A reader can roll over his 401(k) loan, but wonders if it'd be better to pay the penalty. Tue, 30 Apr 2013 00:00:00 GMT http://www.bankrate.com/finance/taxes/roll-over-401k-loan-or-pay-penalty-taxes.aspx http://www.bankrate.com/finance/taxes/roll-over-401k-loan-or-pay-penalty-taxes.aspx Moving IRA assets under divorce decree If you correctly transfer your IRA assets to your ex-spouse, it will not be a taxable event. Thu, 25 Apr 2013 00:00:00 GMT http://www.bankrate.com/finance/taxes/moving-ira-assets-under-divorce-decree.aspx http://www.bankrate.com/finance/taxes/moving-ira-assets-under-divorce-decree.aspx Donating a vehicle to charity How the charity uses the vehicle you donate affects your deduction. Wed, 24 Apr 2013 00:00:00 GMT http://www.bankrate.com/finance/video/donating-a-vehicle-to-charity.aspx http://www.bankrate.com/finance/video/donating-a-vehicle-to-charity.aspx Money in offshore account? Better report it! The IRS imposes stiff penalties on individuals who don't report offshore account earnings. Tue, 23 Apr 2013 00:00:00 GMT http://www.bankrate.com/finance/taxes/reporting-interest-foreign-accounts.aspx http://www.bankrate.com/finance/taxes/reporting-interest-foreign-accounts.aspx