Tax guidance and resources

Latest Articles

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  Tax credits help with higher education

  Families can get help via the American opportunity and lifetime learning tax credits.

  3 min read Sep 09, 2021
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  The IRS has over $1 billion in unclaimed tax refunds. Is any of it yours?

  The agency is sitting on over $1 billion in unclaimed refunds. See if you qualify.

  2 min read Sep 09, 2021
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  2 ways to deduct your home office on your taxes

  Determine which is best for you — the simplified or the regular home office deduction.

  4 min read Sep 09, 2021
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  Tax breaks for the unemployed

  While unemployment benefits are taxable, jobless folks may enjoy some tax breaks.

  3 min read Dec 08, 2020
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  A how-to guide on claiming dependents on taxes: It’s not an intuitive exercise

  Find out the rules of claiming dependents on taxes, whether it’s your child or relative.

  5 min read Dec 16, 2021
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  Adopt a child? Be sure to adopt the tax breaks the IRS has for adoptive parents

  Raising a kid is costly, but for adoptive parents, the IRS offers a big tax break.

  4 min read Sep 21, 2022
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  IRS rules for claiming a parent as a dependent: 5 factors to consider

  Are you caring for an aging parent? If so, you may qualify for some tax relief.

  5 min read Jun 20, 2024
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  The 10 states with the highest taxes

  These are the places where state and local taxes burden taxpayers the most.

  1 min read Dec 16, 2021
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  Your job search expenses may be tax-deductible

  You can write off certain job-hunting expenses, but there are rules and limits.

  2 min read Mar 11, 2022
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  Got a hobby? It might qualify as a business, with all the extra tax breaks

  Tax breaks on hobby income are less favorable than for a business. Here’s how it works.

  3 min read Dec 16, 2021
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  7 wacky tax deductions to avoid in 2017 if you want to dodge a tax audit

  Some taxpayers will try anything to reduce their taxable income, say seasoned CPAs.

  5 min read Oct 20, 2021
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  6 ways the IRS helps pay for education via tax-favored savings plans, other tax breaks

  These tax breaks can help reduce college costs, and one even helps younger students.

  4 min read Sep 21, 2022
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  Wait 5 years to take an IRA withdrawal from Roth IRA conversion made last year?

  You do have to wait five years to get at the earnings, but you still have options.

  3 min read Oct 20, 2021
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  Make sure your children are a credit to you by claiming the child tax credit

  At tax time, parenthood can be a rewarding experience when claiming the child tax credit.

  3 min read Dec 16, 2021
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  How alimony payments affect your taxes when you’re the payee or the payer

  Do you pay or receive alimony payments? If so, pay attention to these tax rules.

  2 min read Dec 16, 2021
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  Mileage deduction amounts for 2016 and 2017 go down instead of up

  The IRS cut mileage deductions in each of the last two years due to declining costs.

  1 min read Jan 27, 2020
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  When does it make sense for married folks to file separate tax returns?

  Even if you’re usually inseparable, at tax time it may make sense to file separately.

  3 min read Dec 16, 2021
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  Can divorcing woman duck tax on vacation-home sale?

  Uncle Sam’s big tax break pertains to the sale of a main home. Here’s how it works.

  2 min read Sep 03, 2021
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  Win a bet on the Super Bowl? Don’t forget to give Uncle Sam his cut

  Whether you are a recreational or professional gambler, you must report your winnings.

  6 min read Jul 06, 2020
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  What to know about Obamacare tax forms

  Obamacare is still in place for tax-filing purposes. Here’s how to account for it.

  4 min read Dec 16, 2021