The Method Bonuses Are Taxed Can Create a Hefty Tax Liability
Featured

The Method Bonuses Are Taxed Can Create a Hefty Tax Liability

Many employers give a bonus check to their employees that is separate from their regular wages.
Tax Deductions You Can Take Without Itemizing
Featured

Tax Deductions You Can Take Without Itemizing

Even if you don’t have enough deductions to itemize, you can still take some deductions.
Proposed Bills May Reduce Taxes for Seniors
Featured

Proposed Bills May Reduce Taxes for Seniors

Seniors have been hit hard by the turbulent economy and any relief is welcome.
Selling Your Vacation Home? Watch out for These Tax Surprises
Featured

Selling Your Vacation Home? Watch out for These Tax Surprises

If you’re selling your second home, be sure to hold back some of your profits so you have enough cash to pay the tax bill.
Selling Your Home Could Cost Capital Gains Tax on Real Estate
Featured

Selling Your Home Could Cost Capital Gains Tax on Real Estate

Any financial gains from a home sale must be reported to the IRS when filing your tax return.

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The Method Bonuses Are Taxed Can Create a Hefty Tax Liability

The Method Bonuses Are Taxed Can Create a Hefty Tax Liability

Many employers give a bonus check to their employees that is separate from their regular wages.
Tax Deductions You Can Take Without Itemizing

Tax Deductions You Can Take Without Itemizing

Even if you don’t have enough deductions to itemize, you can still take some deductions.
Proposed Bills May Reduce Taxes for Seniors

Proposed Bills May Reduce Taxes for Seniors

Seniors have been hit hard by the turbulent economy and any relief is welcome.
Selling Your Vacation Home? Watch out for These Tax Surprises

Selling Your Vacation Home? Watch out for These Tax Surprises

If you’re selling your second home, be sure to hold back some of your profits so you have enough cash to pay the tax bill.
Selling Your Home Could Cost Capital Gains Tax on Real Estate

Selling Your Home Could Cost Capital Gains Tax on Real Estate

Any financial gains from a home sale must be reported to the IRS when filing your tax return.
The IRS Says This Is Taxable Income. Surprise!

The IRS Says This Is Taxable Income. Surprise!

Tax time can be a time of self-reflection, as we look back on where the money went ... and where it’s going.
What to Know About the Inheritance Tax in 2025

What to Know About the Inheritance Tax in 2025

Estate taxes are more likely to impact you, although indirectly, because they are paid before an estate is dispersed to a person’s heirs.