When Your Investment Losses Really Aren’t (at Least in the Eyes of the IRS)
Did you have losing investments in 2008? Find out what that means on your taxes. Full story
Did you have losing investments in 2008? Find out what that means on your taxes. Full story
It’s all over the news. If you buy a home between January 1, 2009 and December 1, 2009, you could qualify for a big homebuyer tax credit. But if you are buying the home with someone else, who gets the credit? Full story
Have a home office? Find out what is deductible on your taxes. Full story
Things for 18-25 Year-olds to Know About Taxes: Break down of the Renters Credit and Take Home Pay. Full story
Everything you need to know about your W-4. Full story
How much can the average American family save on their taxes as a result of the 2009 economic stimulus? Find out. Full story
The Top 10 Things for 18-25 Year-olds to Know About Taxes 7) 401(K) These days,… Full story
The Top 10 Things for 18-25 Year-olds to Know About Taxes 6) What Paperwork Do… Full story
The Top 10 Things for 18-25 Year-olds to Know About Taxes 5) Individual Retirement Agreement… Full story
The Top 10 Things for 18-25 Year-olds to Know About Taxes Tip 4 can be… Full story
Intuit TurboTax created a health care calculator to help you find out if you’re eligible for health insurance through a state or federal Marketplace, Medicaid, or Medicare or if you’re already set with your existing health insurance plan. It will also let you know, if you qualify for a tax credit or subsidy from the government to help you purchase your health insurance. Check it out to learn how health care reform impacts you so that you can make the best decisions for your health and your wallet. Full story
Already filed your taxes with TurboTax? Here is the latest information on IRS processing, so you know when you can expect your tax refund. Full story
Bonuses can change your tax situation depending how large the bonus and what methods employers use to tax the income. Find out how bonuses(supplemental income) are taxed. Full story
If you are an owner of a partnership, LLC, S-corp, or other entity that passes through taxes to its owners, in most cases you will receive a K-1 form each year. The K-1 is prepared by the entity to distribute to owners/shareholders to outline their portion of the income, loss, and deductions. Full story