The Real Lesson From the TurboTax Shutdown
When TurboTax suspended filing state returns, it brought attention to a problem none of us can afford to ignore: taxpayer identity theft.
People Jailed for Owing Less Taxes Than Al Sharpton
Serial tax avoidance appears to be a hallmark of Al Sharpton’s operations. But there’s a warning here: Others have gone to prison for lesser amounts.
IRS Sacks Tom Brady With ‘Super’ Tax Bill
Tom Brady and the New England Patriots may have won Super Bowl XLIX, but the Internal Revenue Service is about to sack the MVP quarterback.
Meeting IRA Withdrawal Rules
No joke. The IRS says some older taxpayers must withdraw a bit of their IRA money by April 1.
Buy American, Watch Your Taxes Go Down
Former Cheers star John Ratzenberger encourages American shoppers to ask where the “made in America” section is. “And if they don’t have one,” he says, “walk out!”
Make Your Charitable Donations Really Count
By doing a little homework, you too can donate wisely to charities just like Bill and Melinda Gates.
Stock Losses Can Actually Be a Tax Benefit
Tax loss harvesting is a strategy in which investors offset gains in the stock market by realizing losses from other investments.
Blame Congress? Your Tax Refund Could Be Delayed in 2015
The Affordable Care Act and expiring tax provisions could tie up the tax-prep season and delay taxpayers’ refunds in 2015.
Get The Most Out Of Your Charitable Giving
Charitable donations can do more than help your favorite cause, they can save you a lot of money come tax time.
IRS Auctions Great for Bargains, Or Not
When the IRS seizes assets, it offers the property for auction. This property could consist of automobiles, art, jewelry, collectibles, real estate, business assets, and even notes and patents. But buyer beware – there are caveats.
Tax Consequences of Paying Off Home with 401(k)
Consider all the consequences of paying off your home to become a long-distance landlord.
Pay Taxes on Disability Income? Say it Ain't So
The taxability of disability income depends on whether and how you paid the premiums.
Get Deduction for Health Plan Through My Business?
You don't have to meet a high hurdle to deduct premiums if your small business is profitable.
Student Gets IRS Notice: $1,500 Owed in Tax
The IRS notice may be a mistake, but you need to get to the bottom of this.
Responsible for Property Taxes if We Walk Away?
Walking away from a home can be a financial relief, as long as you keep paying these bills.
I Inherited $20K. Do I Have to Pay Taxes?
Inheritance taxes don't apply. However, IRA distributions must be taxed eventually.
High-End Earners Beat IRS with 'Backdoor IRA'?
You can skirt the rules by converting a nondeductible IRA to a Roth, but it's tricky.
Tax Planning: Tapping Mom's Nest Egg to Help with Care
When it comes to finding the most tax-efficient way to sell a parent's stock, consider hiring a certified public accountant.
Must I Fill Out 2 Forms to Report Foreign Assets?
The forms are similar, but each has different requirements for filing them.
When Teens Owe Money to Uncle Sam
Special tax rules apply based not only on age, but also on money earned and type of job.



















