Is it Possible to Reduce Your Taxable Income for a $0 Tax Bill? Most people grow accustomed to the big chunk of federal income tax withheld in each paycheck. The more you make, the more the IRS withholds. However, is it possible to reduce your taxable income...
What is a 1099 Form — And Why Are They Important? As you pull together all the documents you’ll need to prepare your federal tax return for the 2018 tax year, you may have received an IRS form 1099. But you might not be clear on exactly what this tax form is...
Tax Law Changes: 2019 For a complete guide to filing your income taxes from the 2018 tax year, read our 2019 Tax Guide. How Tax Law Changes Could Affect Your 2018 Income Tax Return The tax-filing season that just got underway is the first one under the major...
Tax season sneaking up on you? Read our complete guide to filing your income taxes. You may have recently read that the IRS is conducting fewer audits due to budget cuts. But, keep in mind that audits do happen, and that your last three tax returns are...
For a complete guide to filing your income taxes in 2019, read our 2019 Guide to Income Tax Filing. For the majority of high-income earners who have financial complexities such as business ownership, home ownership, investments and more, hiring an accountant...
Tax season sneaking up on you? Read our complete guide to filing your income taxes. As we near April 15th, taxes are top of mind for many of us. While 2018 has come and gone, there is plenty of time to make some tax-smart moves for this year. Here are 5...
There is roughly $7.4 billion of unclaimed life insurance money in the U.S. Many family members are unaware that their loved ones held a life insurance policy and are “oblivious beneficiaries.” Could you be owed a life insurance payout? Why is There So Much...
For 9 end-of-year tax planning tips, read our free “Guide to End-of-Year Tax Planning.” Read the Guide. Improper tax management can cost you more than a quarter of your long-term return, severely limiting spending power in retirement. The good...
Now that spring has fully sprung, you may be planning a summer vacation sometime over the next few months. If you are self-employed or own a small business, you may want to consider combining your vacation with a business trip: there’s a chance that you...
For 9 end-of-year tax planning tips, read our free “Guide to End-of-Year Tax Planning.” Read the Guide. If you’re like many Americans, you may be breathing a sigh of relief now that “tax day” has come and gone. You may also be wondering how long...
