Are you a charitably minded individual who also is taking distributions from a traditional individual retirement account (IRA)? You may want to consider the tax advantages of making a cash
Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You also could be eligible for tax breaks. Here’s a rundown of some of them.
If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and charitable organizations to supply certain information to prove their right
Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have any tax headaches if your new business is profitable. But what if
Sometimes homeowners decide to move to new residences but keep their present homes and rent them out. If you’re thinking of doing this, you’re probably aware of the financial risks
The tax filing deadline for 2021 tax returns is April 18. After your 2021 tax return has been successfully filed with the IRS, there may still be some issues to
If you’re an investor in mutual funds or you’re interested in putting some money into them, you’re not alone. According to the Investment Company Institute, a survey found 58.7 million
The clock is ticking down to the April 18 tax filing deadline. Sometimes, it’s not possible to gather your tax information and file by the due date. If you need
Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it out for part of the
Once a relatively obscure concept, ‘income in respect of a decedent’ (IRD) may create a surprising tax bill for those who inherit certain types of property, such as individual retirement
