Tax guidance and resources
Looking for advice on lowering your federal or state taxes? You’ve come to the right place. Plus, get news and advice related to tax brackets, property taxes, estate taxes and more.
Taxes Basics
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New form to report capital gains, losses
Another new tax law: Taxpayers will report capital gains or losses on Form 8949 and on Schedule D.
1 min read Feb 07, 2012 -
Form 1099-K helps track taxpayer income
Companies that process payments must now report their gross amounts to merchants on Form 1099-K.
1 min read Feb 07, 2012 -
10 tax law changes for 2011 tax returns
Before filling out your tax return, check out these changes that may affect your IRS bill.
1 min read Feb 07, 2012 -
How 3 homeowners fought property tax bills
Property taxes are appealing only when that means you’re fighting them. See how it’s done.
3 min read Feb 08, 2022 -
Capital gain tax and nonresident investors
Is it really true nonresidents don’t have to pay taxes on capital gains tax on stocks?
3 min read Nov 17, 2020 -
Figuring taxes on failed installment sale
When a buyer stops paying and a renter trashes her condo, what is this widow to do?
3 min read Dec 15, 2021 -
Pay taxes on savings bonds for college?
When you redeem savings bonds for school, the tax impact depends on who bought them and when.
2 min read Dec 15, 2021 -
Deducting investment interest expense
Your mortgage interest can offset investment income from dividends, interest and capital gains.
2 min read Dec 16, 2021 -
2012 tax bracket rates
These tax brackets apply to the 2012 tax year, with tax returns due on April 15, 2013.
Sep 23, 2021 -
2011 tax bracket rates
An effort to compromise in Congress resulted in the extension of the Bush tax cuts for two more years.
Sep 23, 2021 -
12 tempting tax tips for 2012
No new taxes are planned, but you may want to take advantage of loopholes before they close.
5 min read Mar 15, 2022 -
Section 179 deduction and bonus depreciation
Section 179 deduction and bonus depreciation let businesses write off expenses more quickly.
2 min read Oct 23, 2019 -
5 tax deductions that favor the rich
All is not equal when it comes to tax breaks. The rich benefit more.
4 min read Jan 17, 2020 -
IRS suspicious of dependency exemptions
There’s abuse in this area. Provide records to establish your right to claim the dependents.
3 min read Jan 24, 2021 -
Tax planning 2011: Smart moves to make now
As 2011 winds down, make these tax moves now to cut your next tax bill.
7 min read Nov 17, 2020 -
Setting up sole proprietorship
For your collaborative book project, it’s best to operate as a sole proprietorship to keep it simple.
2 min read Oct 22, 2019 -
Taxable fringe benefits from the employer
If an employee doesn’t pay premiums for disability insurance, are benefits taxable?
2 min read Oct 22, 2019 -
Tax filing status to use when supporting Mom
You may be able to file as head of household and list your mother as a dependent, but it depends.
2 min read Jan 24, 2021 -
Top 1 percent: How much do they earn?
Many believe this group bleeds money, but that’s not always the case.
3 min read Dec 21, 2020 -
S-corp taxes on upside-down property
You must use the mortgage balance as the value of the property upon liquidating the company.
2 min read Oct 23, 2019
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