Tax guidance and resources

Latest Articles

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  12 tax tips gleaned from Hillary Clinton’s tax return

  The Democratic nominee recently released her 2015 tax forms. What can you learn?

  6 min read Aug 22, 2016
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  IRS rejected my claim for Dad as an exemption on my return. How do I fix this?

  You tried to take an exemption on your father, but the IRS said no. Find out why.

  3 min read Aug 16, 2016
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  IRS statutes of limitations: You may lose out on a refund if you wait too long

  Don’t wait too long! The IRS has a time limit on filing for refunds.

  3 min read Aug 09, 2016
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  Work Opportunity Tax Credit: What it is and how it helps veterans and employers

  The Work Opportunity Tax Credit helps veterans and certain other workers land jobs.

  5 min read Aug 08, 2016
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  Need IRS help: Haven’t filed a tax return for many years! Where do I start?

  To keep from feeling overwhelmed, follow these steps to prepare for getting IRS help.

  2 min read Aug 04, 2016
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  Residential energy-efficient property credit: Does building green garage qualify?

  The garage construction doesn’t qualify for the energy tax credit, but these things do.

  2 min read Aug 02, 2016
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  Tax rules on renting your vacation home

  Want to put your vacation home to work? Rent it. Just make sure you follow the IRS rules.

  5 min read Jul 27, 2016
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  Must a U.S. permanent resident from Canada report inheritance from Canadian mom?

  Your hubby must report the windfall if it exceeds $100,000, but he may not owe tax.

  2 min read Jul 26, 2016
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  Tax advocate can help taxpayer waiting nearly 2 years for a tax refund

  You have an advocate who will look out for you. Here’s what you need to do.

  2 min read Jul 19, 2016
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  Avoid capital gains tax on rental property by moving profits into kids’ college fund?

  You can’t avoid tax on the rental property sale, but other tax benefits may even things out.

  2 min read Jul 12, 2016
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  Benefit of paying estimated taxes vs. withholding tax from pension checks

  The CPA likely tried to help your mom, who qualifies to appeal the tax underpayments.

  2 min read Jul 05, 2016
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  13 tax quotes by famous people in positions of power

  These familiar quotes by famous Americans reveal diverse views on taxes.

  6 min read Jul 01, 2016
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  Military taxes: 9 tax tips for members of the armed forces

  Filing taxes is more complicated for service members. The IRS tries to make it easier.

  6 min read Jun 22, 2016
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  Tax guidelines for the military

  Serving in the military is difficult, so the IRS makes it easier for service personnel to file.

  5 min read Jun 22, 2016
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  How FBAR and FATCA affect Dad’s certificates of deposit in India

  If your dad is a U.S. citizen or resident, he must file the FBAR soon.

  3 min read Jun 21, 2016
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  How to figure out whether that letter is an assessment or a property tax bill

  Don’t freak out. An assessment is often not a bill. Here’s how to decipher that notice.

  3 min read Jun 17, 2016
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  Nonresident alien hasn’t filed a tax return in years and owes tax for rental income

  You have a choice on how to settle a tax bill on rent money. Here’s how it works.

  3 min read Jun 14, 2016
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  First-time homebuyer pays tax penalty on a 403(b) retirement plan withdrawal

  Beware of these costs if you take money out of your retirement plan to buy a home.

  3 min read Jun 07, 2016
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  How a single person can structure retirement withdrawals to minimize taxes

  The rules are tricky when it’s time to take money out of your 401(k) and IRA.

  3 min read May 31, 2016
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  The 10 states with the highest gasoline taxes

  Live in these states? You may pay higher gas prices as you fill up for Memorial Day.

  2 min read May 26, 2016