Tax guidance and resources

Latest Articles

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  10 year-end tax moves to make now to lighten your tax load in 2017

  Sure, tax rules may change. But take these steps now to owe less to the IRS in April.

  7 min read Jan 29, 2021
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  6 year-end tax planning moves for retirees to finish the year off right

  Time is running out. Take these savvy tax-planning steps while it’s still 2016.

  4 min read Dec 16, 2022
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  How much tax must be paid to Uncle Sam after selling a business owned by hubby?

  The tax owed from a business sale depends on many things. Here’s what you need to know.

  2 min read Jan 29, 2021
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  Is it legal to claim a slew of allowances to pay less tax?

  If a co-worker brags about claiming 30 allowances, you may not want to follow suit.

  2 min read Sep 23, 2021
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  Can annuity income inherited from late brother be used for a Roth IRA contribution?

  The IRS limits the types of income that can be used for a Roth IRA. Here are the rules.

  2 min read Sep 09, 2021
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  Get disaster relief from the IRS

  Victims of Hurricane Matthew or other disasters may claim losses early to get cash.

  7 min read Dec 08, 2020
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  How does paying off home equity line of credit affect capital gain on home sale?

  A home equity line of credit doesn’t affect a home’s capital gain as much as this.

  2 min read Dec 08, 2020
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  Should we make 2nd home our primary residence to cut our taxes when it sells?

  Residing in your old home may help you qualify for a big tax break when you sell it.

  2 min read Sep 19, 2022
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  Owe capital gain tax on primary residence that was converted into a rental property?

  After converting your home to a rental property, your taxes became more complicated.

  3 min read Mar 03, 2022
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  Paying medical bills with 401(k) triggers Obamacare debt

  The Affordable Care Act gives low-income folks a discount that sometimes must be repaid.

  3 min read Mar 03, 2022
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  Prevent and resolve IRS problems, even if you owe $25 million like Steve Harvey did

  Whether you owe a little or a lot, you can avoid IRS trouble by following these steps.

  4 min read Mar 03, 2022
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  Calculating capital-gain tax on gifted rental property from in-laws who want to sell

  Talk with a pro to determine your liability on the sale of the property you were given.

  2 min read Sep 21, 2022
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  IRS can’t find my W-2 form. How do I get my $3,000 tax refund?

  Take these steps to find out why the IRS doesn’t have a record of your work.

  2 min read Mar 03, 2022
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  12 tax tips gleaned from Hillary Clinton’s tax return

  The Democratic nominee recently released her 2015 tax forms. What can you learn?

  6 min read Mar 11, 2022
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  IRS rejected my claim for Dad as an exemption on my return. How do I fix this?

  You tried to take an exemption on your father, but the IRS said no. Find out why.

  3 min read Mar 03, 2022
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  IRS statutes of limitations: You may lose out on a refund if you wait too long

  Don’t wait too long! The IRS has a time limit on filing for refunds.

  3 min read Mar 03, 2022
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  Work Opportunity Tax Credit: What it is and how it helps veterans and employers

  The Work Opportunity Tax Credit helps veterans and certain other workers land jobs.

  5 min read Apr 27, 2022
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  Need IRS help: Haven’t filed a tax return for many years! Where do I start?

  To keep from feeling overwhelmed, follow these steps to prepare for getting IRS help.

  2 min read Mar 03, 2022
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  Residential energy-efficient property credit: Does building green garage qualify?

  The garage construction doesn’t qualify for the energy tax credit, but these things do.

  2 min read Jan 24, 2021
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  Tax rules on renting your vacation home

  Want to put your vacation home to work? Rent it. Just make sure you follow the IRS rules.

  5 min read Apr 27, 2022