Are you facing a tax liability on your 2016 return or looking for a bigger tax refund? There's little you can do now to reduce the tax, but there's at least a couple options that may be available to ...
It's not unusual to pull up stakes after you land a new job. If your new employer does not reimburse you for your moving expenses, you may still be able to deduct them on your tax return. To qualify, ...
It is fairly common knowledge that Congress has given us several ways to reduce our income tax bills when it comes to saving for and paying for college - both for ourselves and our children and grand ...
Can you deduct interest expenses on your 2016 tax return? It depends. Generally, the tax law requires you to allocate interest payments under a complex set of rules. The tax results vary, based on ...
No one enjoys picking up the pieces after a natural disaster or when some other calamity destroys personal property like a home or car. But at least you may be in line for some tax relief. If you ...
When you itemize your deductions, you can deduct either state and local income taxes or general state and local sales taxes on your 2016 tax return. But you can't have it both ways — it's one or the ...
If you own real estate that has appreciated in value, you may owe a sizeable capital gains tax when you sell. But tax law provides a way to postpone the tax. Here's how: Instead of a sale, you can ...
If you took on a freelance gig, or opened a financial account that will pay interest, you most likely filled out IRS Form W-9. The form asks for your taxpayer identification number, and includes a ...
Do you have a recent college graduate in the family, or will your child be graduating this year? If so, this might the last chance you have to claim a dependency exemption on your federal income tax ...
