Tax guidance and resources

Latest Articles

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  Key tax changes for 2014 and beyond

  A professor explains some key tax changes facing taxpayers in 2014 and 2015.

  4 min read Mar 26, 2014
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  Claim car repair costs due to a pothole?

  A casualty loss results from unexpected events such as floods and maybe potholes, too.

  2 min read Mar 25, 2014
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  Deducting your home office costs

  If you work from home, you might be able to write off your home office space.

  4 min read Mar 24, 2014
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  How to pay no federal income tax

  The tax code provides opportunities for the rich and poor to reduce their tax liability to zero.

  4 min read Mar 19, 2014
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  Rich, famous and tussling with the taxman

  These stars made it big, but they neglected to give Uncle Sam his share.

  8 min read Mar 19, 2014
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  Proof needed to claim earned income credit

  The IRS requires tax preparers to furnish proof of a child’s residency to claim the EITC.

  2 min read Mar 18, 2014
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  8 outlandish tax deductions to skip in 2014

  Certified public accountants recall the most inventive write-offs they’ve seen clients make.

  6 min read Mar 12, 2014
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  Texas state resource page

  Bankrate plugs you into all the resources you need to learn about taxes in Texas.

  Mar 07, 2014
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  Deduct mortgage interest on three houses?

  You can deduct mortgage interest on two homes. But if you rent the third, you have an option.

  2 min read Mar 06, 2014
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  Penalty for using 401(k) to pay off house?

  The IRS has specific rules about using retirement funds toward the purchase of a house.

  2 min read Mar 04, 2014
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  Use severance pay to fund my 401(k) plan?

  There’s a way to use severance money to fund a 401(k) at your startup business.

  2 min read Feb 27, 2014
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  Former homeowners want to reduce tax bill

  Even if you don’t own a home, you can reduce your income tax bill. Check out these steps.

  2 min read Feb 24, 2014
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  Determining cost basis of gifted property

  Your cost basis in the land depends on how your grandfather acquired it before he gifted it.

  2 min read Feb 20, 2014
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  Slash your tax bill in 2014 and beyond

  An expert says taxpayers leave too much money on the table. He offers tips to save more.

  3 min read Feb 18, 2014
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  Defer constructively received income?

  If your rental manager collected payment in December, then the IRS says you got it, too.

  2 min read Feb 13, 2014
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  How big tax changes will affect you

  An expert offers a road map to changes affecting this year’s tax return — and beyond.

  4 min read Feb 11, 2014
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  Deductible expenses of two homes

  You’re in a tough spot, but you can probably deduct property taxes and mortgage interest.

  2 min read Feb 04, 2014
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  Tax benefits for education of grandkids

  While you can’t deduct your grandkids’ college costs, you can get a different tax break.

  2 min read Jan 30, 2014
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  Do I pay taxes on inheritance?

  You don’t have to file an estate return since the estate is under the $5.25 million threshold.

  2 min read Jan 23, 2014
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  Taxes on Social Security disability income

  You had to jump through hoops to qualify for SSDI; now you have to jump over tax hurdles.

  4 min read Jan 21, 2014