Taxes

Tax Rules of Hiring a Caregiver

The tax rules surrounding the employment of a caregiver can be confusing--not to mention costly if a mistake is made. 

Cheat Sheet: Tax Breaks for Homeowners

Whether you’ve got a single-family home, a town house, condo, or even a floating home, there are various home-related expenses that you should be sure to deduct. 

What to Know About Section 1031 Exchange of Property

Section 1031 of the tax code allows taxpayers to enjoy a deferral from taxes if they relinquish business property in exchange for like-kind property. But just like most parts of the tax code, the rules get complex.

10 Crazy Tax Deductions the IRS Allows

While the odds are against you when it comes to being able to claim a pool or a private plane as a deduction, several exceptions give hope to taxpayers everywhere.