If you're paying for a child to attend college or graduate school, the tax law provides two valuable tax credits that may benefit your tax situation. The two credits are the American Opportunity Tax ...
Usually if you sell securities and the transaction results in a loss, you can use the loss to offset capital gains, plus up to $3,000 of ordinary annual income. Any excess loss over that amount is ...
Do you often work from the comfort of your own home? Depending on your circumstances, you may qualify for a home office deduction that can reduce your tax liability....
Suppose you're planning to take a business trip across the country. Are you eligible for tax benefits if you invite your spouse to accompany you? It depends on your circumstances. Specifically, the ...
Suppose you're buying a home and searching for a mortgage. There are a myriad of choices in today's marketplace with interest rates at near-record lows. In some cases, you may qualify for a ...