Tax guidance and resources

Latest Articles

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  What’s the limit on cash gifts from a nonresident alien?

  You can each receive up to $100,000, but be sure to follow all the reporting rules.

  3 min read Nov 17, 2015
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  2014 tax bracket rates

  Check out the individual income tax rates and earnings to which they apply for 2014.

  Nov 12, 2015
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  Employee vs. contractor: A tax distinction

  Scored a seasonal job? How it’s classified will affect your taxes.

  4 min read Nov 04, 2015
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  Will inherited IRA RMD impact my ability to get the Obamacare premium tax credit?

  The distributions you must take from the inherited IRAs likely won’t impact your tax credit.

  3 min read Oct 27, 2015
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  Rules for claiming parents as dependents if they just arrived in the US

  You need to meet 5 requirements to claim your parents as dependents.

  2 min read Oct 20, 2015
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  You can pay asset management fees from your IRA or with other assets

  You won’t owe taxes if you pay fees from your IRA. In fact, there may be other tax breaks. 

  2 min read Oct 13, 2015
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  I had an employment agreement with my boss but got a Form 1099. What now?

  If you had an employment agreement, you can dispute the receipt of Form 1099. Here’s how.

  2 min read Oct 06, 2015
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  FSA saves money, cuts taxes

  Find out how one of the most popular tax benefits for families, an FSA, can help you.

  5 min read Sep 30, 2015
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  Tax exclusion for savings bonds simplified

  Plan to tap savings bonds to pay for education? Avoid getting schooled by the taxman.

  2 min read Sep 25, 2015
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  Domestic violence complicates tax problems

  In considering innocent-spouse relief, the IRS takes spousal abuse into account.

  2 min read Sep 23, 2015
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  Taxed already for a 401(k) distribution. Will I get hit again when I file taxes?

  You’ll get credit for the taxes you paid on the withdrawal, but it may not be enough.

  2 min read Sep 22, 2015
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  Name, ID number must match on taxes

  Nonmatching name and Social Security number on a tax return could mean costly problems.

  2 min read Sep 16, 2015
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  The FBAR filing requirements for an authorized signatory on a foreign bank account

  If you have signature authority over a foreign account, you may have to report it.

  3 min read Sep 15, 2015
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  Tax help for business, pleasure trips

  A vacation can be even more satisfying when you get financial help via the tax code.

  4 min read Sep 02, 2015
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  Tax breaks dead until Congress revives them

  More than 50 tax provisions have expired. Will Congress renew them?

  3 min read Aug 26, 2015
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  Must we always pay tax for withdrawing retirement income?

  In most cases, you have to pay taxes on retirement income withdrawals. Here’s how it works.

  2 min read Aug 20, 2015
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  How do we report taxes on home confiscated via eminent domain?

  You can report your home’s sale when the deed transfers, and postpone reporting the gain.

  3 min read Aug 18, 2015
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  Does a new roof count toward a tax credit on a solar energy system?

  Uncle Sam wants you to have an energy-efficient home and helps pay for certain costs.

  2 min read Aug 04, 2015
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  Sales tax holiday in Massachusetts

  Massachusetts’ sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.

  1 min read Aug 03, 2015
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  Sales tax holiday Texas

  Texas’ sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.

  1 min read Jul 22, 2015