Tax Credits

A tax credit is an incentive that lets a taxpayer reduce the total amount of tax owed. Find out which tax credits are available to you.

Tax Basics

If you haven’t filed your taxes yet, don’t panic — but act fast.

Applying for more time to file your taxes is easy. Just don’t put off paying your tax bill.

The fast-approaching deadline for filing your 2021 taxes is April 18, 2022.

Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.

When to pay US income tax

What are the income tax rules if you live in the U.S. but do business in other countries?

2 min read Jun 11, 2009
Claiming the economic stimulus payment

If you didn’t get the recovery rebate credit in 2008, you may be able to claim it this year.

2 min read Feb 24, 2009
How do I: Calculate my taxable income?

Doing your taxes can be a headache, and figuring out your taxable income is no exception.

2 min read Jan 25, 2009
Audio: Wise tax moves for 2009

Here are new tax laws you’ll need to know in order to file in 2009.

1 min read Jan 13, 2009
Life insurance to pay off debt

When life insurance is used to pay off a loan, it’s an exception to the tax-free rule.

1 min read Nov 05, 2008
Valuing goodwill

Helping a new owner learn the ropes should be reflected in the purchase price of the business.

2 min read Oct 23, 2008
Gain on rental real estate

Owners of condemned rental real estate can defer capital gains if they purchase another rental.

3 min read Oct 16, 2008
Proof for claiming dependents

The IRS rules for claiming a dependent seem simple, but proving it can be complex.

2 min read Oct 07, 2008
When to claim credit for the kids

The child care credit is not meant to subsidize education, but to allow parents to work.

2 min read Sep 23, 2008
Taxes on per diem

When figuring whether or not per diem is taxed, take into account your ‘tax home,’ says CPA George Saenz.

2 min read Sep 16, 2008

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