Earnings too high to claim passive losses?
If you earn too much money, rental loss claims against your income may be in jeopardy.
If you earn too much money, rental loss claims against your income may be in jeopardy.
If you’re left some stock and have to sell it at a loss, you could come out ahead at tax time.
Is it really true nonresidents don’t have to pay taxes on capital gains tax on stocks?
When a buyer stops paying and a renter trashes her condo, what is this widow to do?
Your mortgage interest can offset investment income from dividends, interest and capital gains.
If an employee doesn’t pay premiums for disability insurance, are benefits taxable?
After losing a job, a tax bill for your IRA conversion is the last thing you need.
If inherited property loses value, your tax strategy depends on how the IRS will categorize your loss.
You can elect to capitalize some expenses if you can’t benefit from a tax deduction.
Although you’re more than 59½ years old, you still have to pay income tax on the withdrawal.
The road to "American Idol" can lead to stardom, but it will still cost you.
You should amend your tax return, as he earned too much money to be claimed as a qualifying relative.
With warrants, your holding period starts the day you exercise your right to acquire the stock.
You can claim two types of qualifying dependents on your return, if they meet IRS rules.
U.S. citizens living abroad pay tax on income and gains, though foreign home gain may be excluded.
The IRS has 10 years from the date the tax is assessed to collect any unpaid balance.
Adequate compensation for services rendered to an S corporation is a hot-button issue with the IRS.
To avoid adverse tax consequences, the owners of the LLC interest should be corporations.
One way to transfer assets to grandchildren is with an UGMA. But the annual income is taxable.
Whether a settlement is taxed or not depends on the nature of the claim, not the lawsuit.