Under the Inflation Reduction Act, construction contractors who build or rehab energy-efficient homes may be eligible for a federal tax credit of up to $5,000 per project.
Read MoreMany Americans receive private disability income. How is it taxed?
Read MoreGetting a divorce can be an agonizing process. You don’t want to make it worse by making decisions that will cost you more in taxes.
Read MoreSOCIAL SECURITY RETIREMENT BENEFITS
Read MoreIf you’re caring for an elderly relative, you may be entitled to some tax breaks. Here are four of them.
Read MoreBusiness owners: It’s likely only a matter of time before your company suffers some sort of cyberattack or cyber-related incident. But don’t give up hope, you can still protect yourself.
Read MoreThere are tax benefits that can help taxpayers save money and offset some of the costs that come with homeownership.
Read MoreThere are a number of different hobbies that some taxpayers turn into businesses. Here’s how they can protect tax breaks on their tax returns.
Read MoreIf you donate valuable assets to charity and don’t follow certain requirements, the charitable tax deduction may be denied. Here are some answers to questions about how to protect your deductions.
The list serves as a reminder to remain vigilant about tax scams not only during tax season, but all year long, the IRS said.
Read MoreHome selling (and buying) season is heating up. At the same time, rents are high in many parts of the country. What are the tax implications if you buy another home but decide to keep your current home and rent it out?
Read MoreIf you own a C corporation, you know there’s a tax advantage to taking money out as compensation rather than as dividends.
Read MoreA controversial ballot initiative could restrict future taxes and tax hikes in the Golden State.
Read MoreProperty you inherit generally isn’t included in income for tax purposes. However, there are certain items that may have to be included. Here’s the story.
Read MoreBusiness owners: If you’re thinking about changing your employer-sponsored health care plan, or launching a new one, here are some critical concepts to consider.
Read More2023 tax filing deadline extended to June 17, 2024.
Read Morein filing season 2024, taxpayers will benefit from important updates that reduce the need for many taxpayers to call the IRS.
Read MoreThere’s still time to claim the CTC on your 2023 tax return if you haven’t filed yet.
Read MoreAt one time, life insurance played a much larger part in an estate plan than it does now.
Read More