Filing Taxes
Filing taxes is an annual chore, and the tax code is complicated. Find tax forms and advice you need to file your tax return this year and pay the IRS.
Tax Basics
Latest Tax Filing Articles
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Income limits for IRAs
Income limits rule for spouses who want to contribute to a deductible IRA, says CPA George Saenz.
2 min read Jul 23, 2008 -
Using overnight delivery services
IRS has provided rules on using a private delivery service for your return, along with advice for late e-filers.
3 min read Apr 14, 2008 -
Qualifying for earned income credit
Workers have to qualify for earned income credit, says CPA George Saenz.
1 min read Jan 30, 2008 -
Writing off travel expenses
You can deduct reasonable and ordinary travel expenses when away from home on a temporary work assignment, says CPA George Saenz.
2 min read Mar 27, 2007 -
Tax changes for the 2005 filing year
Check out these changes to the Income Tax Act that could save you money.
3 min read Jan 13, 2007 -
Tax on home proceeds in a divorce
You’re spared tax repercussions of home proceeds in a divorce, says CPA George Saenz.
1 min read Dec 12, 2006 -
Cooling a tax bill with energy credits
You can earn tax credits when replacing your air conditioning system as long as it meets the energy-efficient requirements, says CPA George Saenz.
2 min read Dec 08, 2006 -
Sorting out nanny tax rules
Principally the IRS is looking to collect Social Security and Medicare tax on wages paid to your household help, says CPA George Saenz.
2 min read Nov 10, 2006 -
Capital gains exclusion for foreign home
The rules apply to foreign homes even if you were not a resident of this country during the period of ownership and use, says CPA George Saenz.
1 min read Nov 09, 2006 -
Deducting rental property losses
Rental real estate losses are not allowed to married or single taxpayers whose AGI exceeds $150,000 a year, says CPA George Saenz.
1 min read Nov 08, 2006 -
Converting to a Roth IRA
The Roth conversion is an oddity, making people pay more tax now in exchange for a future promise that you will not have to pay tax, says CPA George Saenz.
1 min read Oct 25, 2006 -
Capital gains on sale of home with farm
If the avocados produce a profit, then the land is considered farmland and when sold would not qualify for capital gain exclusion from the sale of your home.
1 min read Aug 01, 2006 -
Student wants tax exemption on condo
Whether you can exclude capital gains on the sale of your jointly owned condo largely depends on if it served as your principal residence, says CPA George Saenz.
2 min read Jun 13, 2006 -
Overtaxed on rental property sale
You have three years from the date you filed the original return to claim a refund on your overpayment, says CPA George Saenz.
1 min read May 02, 2006 -
Trading the cube farm for self-employment
Congratulations on your new partnership with Uncle Sam, who will participate in your profits, says CPA George Saenz.
2 min read Feb 22, 2006 -
Partner’s insurance produces big tax bill
Company-provided benefits to an employee’s domestic partner are counted as the employee’s income. Our expert offers some ways to reduce the unexpected IRS bite.
1 min read Apr 12, 2005 -
10 tax troubles you can avoid
If the tax man starts questioning your return, don’t make matters worse by making one of these 10 costly blunders.
5 min read Mar 01, 2005 -
Overlooked deductions on old returns
A reader thinks he may have overlooked the mortgage points deduction. Our expert explains this tax break, along with how to get copies of old returns.
1 min read Apr 10, 2003 -
Deducting long-term care insurance premiums
Long-term care premiums are tax deductible two ways. Either as part of your itemized medical expenses or without itemizing if you are self-employed.
1 min read Feb 26, 2003 -
Home sweet homeownership tax breaks
There are lots of tax reasons to own a home. Here’s how to make the most of them and avoid the pitfalls.
7 min read Feb 16, 2003