Tax guidance and resources

Latest Articles

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  10 common tax-filing mistakes to avoid

  From math errors to misspelled names, one slip could cost you or delay your tax refund.

  6 min read Jan 11, 2017
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  Taking money out of 401(k) when disabled: Can I get my 10 percent penalty back?

  Find out how to qualify for an exception to the rules on early distributions.

  2 min read Jan 10, 2017
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  New tax exemption amounts for 2016 tax returns

  Exemptions are like deductions. You can claim $4,050 each for yourself and family members.

  1 min read Jan 09, 2017
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  Use capital loss carryover from big stock market loss to offset gain on home sale?

  You could claim that huge loss if you meet certain criteria. Here are the rules.

  2 min read Jan 05, 2017
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  Filing status can make a difference in your tax bill: Which one helps you the most?

  You may qualify for more than one, so be sure to pick the one that’s best for you.

  3 min read Jan 05, 2017
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  2015 tax bracket rates

  Check out the individual income tax rates and earnings to which they apply for 2015.

  1 min read Jan 04, 2017
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  7 ways to get organized for the tax season so you can get an early start on tax filing

  Getting organized now will help make tax filing less frustrating and time-consuming.

  5 min read Jan 04, 2017
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  10 year-end tax moves to make now to lighten your tax load in 2017

  Sure, tax rules may change. But take these steps now to owe less to the IRS in April.

  7 min read Dec 23, 2016
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  6 year-end tax planning moves for retirees to finish the year off right

  Time is running out. Take these savvy tax-planning steps while it’s still 2016.

  4 min read Dec 21, 2016
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  How much tax must be paid to Uncle Sam after selling a business owned by hubby?

  The tax owed from a business sale depends on many things. Here’s what you need to know.

  2 min read Dec 20, 2016
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  Is it legal to claim a slew of allowances to pay less tax?

  If a co-worker brags about claiming 30 allowances, you may not want to follow suit.

  2 min read Nov 29, 2016
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  Can annuity income inherited from late brother be used for a Roth IRA contribution?

  The IRS limits the types of income that can be used for a Roth IRA. Here are the rules.

  2 min read Nov 08, 2016
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  Get disaster relief from the IRS

  Victims of Hurricane Matthew or other disasters may claim losses early to get cash.

  7 min read Oct 19, 2016
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  How does paying off home equity line of credit affect capital gain on home sale?

  A home equity line of credit doesn’t affect a home’s capital gain as much as this.

  2 min read Oct 18, 2016
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  Should we make 2nd home our primary residence to cut our taxes when it sells?

  Residing in your old home may help you qualify for a big tax break when you sell it.

  2 min read Oct 04, 2016
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  Owe capital gain tax on primary residence that was converted into a rental property?

  After converting your home to a rental property, your taxes became more complicated.

  3 min read Sep 27, 2016
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  Paying medical bills with 401(k) triggers Obamacare debt

  The Affordable Care Act gives low-income folks a discount that sometimes must be repaid.

  3 min read Sep 22, 2016
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  Prevent and resolve IRS problems, even if you owe $25 million like Steve Harvey did

  Whether you owe a little or a lot, you can avoid IRS trouble by following these steps.

  4 min read Sep 07, 2016
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  Calculating capital-gain tax on gifted rental property from in-laws who want to sell

  Talk with a pro to determine your liability on the sale of the property you were given.

  2 min read Aug 30, 2016
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  IRS can’t find my W-2 form. How do I get my $3,000 tax refund?

  Take these steps to find out why the IRS doesn’t have a record of your work.

  2 min read Aug 23, 2016