Do you remember "Nannygate"? Back when Bill Clinton was president, his nomination of corporate attorney Zoe Baird for U.S. Attorney General was derailed after it was revealed that she failed to pay ...
If you commute back and forth to work every day, you typically can't deduct any of your travel costs, such as gas for your car or commuter fares. The IRS says these commuting expenses are ...
If you are divorced and have young children, there's a good chance that you are paying or receiving alimony or child support (or both) under a divorce decree. What's the difference? The distinction ...
Once you've retired, you may think you have it made, especially if you've managed to save enough money through IRAs and employer-sponsored plans like 401(k)s. But you still have to meet the tax ...
First of all, in the spirit of the season, let me be clear that I am not advocating that you reduce your charitable giving. On the contrary, I would encourage you to continue and even increase your ...
As the year-end holidays approach, add some tax cheer for 2017. In fact, you can still make timely tax moves as late as the last week of the year. Consider these five tax-saving stocking stuffers....
Tax reform talk is heating up again as legislators discuss the proposed tax code overhaul. One of the key proposals would repeal most itemized deductions currently on the books. Although enactment is ...
Are you trying to sell investment or commercial real estate? If you use an installment sale to help sell real estate, you can benefit from tax deferral and possibly lower your overall tax bill. But ...
As the holidays approach, you may decide to be extra generous this year by donating property to charity. As long as you observe the strict tax rules in this area, you may still be able to take ...
Under the tax reform plan recently announced by the Trump administration, most itemized deductions would be eliminated, except those for charitable donations and mortgage interest....