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 ...
The family owned and operated West Bottoms Kitchen opened its doors in Kansas City a year ago, but that’s not when or where the history of the restaurant began....
The rules that define real estate activities for tax purposes can be confusing. Is the real estate business you conduct considered passive activity or could you be defined as a real estate ...
The dependent care credit may be changed by Congress in the coming years, but you can still take advantage of it now. It offers some surprising benefits that may apply to your situation....
If you have a child graduating from college this year, money can be tight as he or she embarks on a career. So it's often hard to convince your child to set aside money for a retirement date that may ...
