Tax news, planning strategies, deductions, and annual changes affecting your return.
Can I Deduct This? A Quick Tax Quiz
# Can You Deduct That? Five Tax Scenarios That Trip Up Filers The line between a legitimate tax deduction and an audit trigger is thinner than most f…
It's About to Get Harder to Get a Refund for Delayed Flights
SKIP The provided excerpt contains only a headline claim without concrete details about the Department of Transportation's new rule, specific compens…
How to Turn Your RMD Into a Smart Tax Strategy
Required minimum distributions offer retirement account holders multiple tax planning opportunities beyond simply withdrawing the mandated amount each…
What Does ‘Tax the Rich’ Actually Mean?
SKIP The provided title and excerpt do not contain sufficient concrete facts, figures, policy details, quotations, or attributed positions to write a…
Is Your Property Tax Bill Too High?
# Is Your Property Tax Bill Too High? Here's How to Find Out Property taxes rank among the largest annual expenses for homeowners, yet most people pa…
Give While You Live Or Wait Until Death? Take Our Quiz to Find Out
# When Should You Give Money to Your Heirs? The Tax and Legacy Calculation The Great Wealth Transfer looms as Baby Boomers age and their accumulated …
Ask the Editor: Can I Deduct a GoFundMe Contribution and More
# Can You Deduct Your GoFundMe Donations? What the IRS Actually Allows The IRS has strict rules about what counts as a deductible charitable donation…
The Great 'Horizontal' Wealth Transfer: Spouses Inherit First
# The Great 'Horizontal' Wealth Transfer: Spouses Inherit First A $54 trillion wealth transfer looms in America, but most of it will not flow to chil…
IRS Is Taking a Closer Look at Trusts: What It Means for Estate Planning
# IRS Intensifies Scrutiny on Trust Structures: What Estate Planners Need to Know The Internal Revenue Service has begun examining trust arrangements…