2010 Roth IRA Conversions: Why this Year is Special
Roth IRA conversions in 2010 are of special significance due to some unique tax circumstances and rule changes. If you’ve considered making a Roth IRA conversion from …

Once a year, when tax time comes around, you get the terms gross income, adjusted gross income (AGI), and modified adjusted gross income (MAGI) shoved in your face… a lot. And since you’re only faced …

I recently covered situations in which you’d have to pay real estate capital gains taxes, which prompted a few people to ask me about real estate capital losses.
The basic question is “If you have to …

The homebuyer tax credit extension approved last fall by Congress was given another 3-month extension this week. However, it might not be the type of extension you were hoping for if you recently joined the …

When you are about to sell your home, one of the first things that you should consider is if you will have to pay capital gains taxes on the sale. This is a topic that …

2010 Federal Tax Brackets
Since the best tax planning usually comes throughout the year prior to the IRS tax deadline, right now might be a good time to revisit what your overall AGI might be this …

Monday was the deadline for non-profits that make under $25,000 per year to file a tax return. And apparently, many (around 365,000) missed the memo, which went out 4 years ago. Here’s the unfortunate chain …

Donating A Car is Not as Easy as it Sounds
When donating your car to charity, there are two things that you want to ensure happens:

The charity gets the full benefit of your vehicle donation.
You get …

I’ve had a few readers come to me with this question in the last few weeks. With taxes due this Thursday, it’s cram time for a lot of people. As you rush to complete your …

Worried that your income tax refund hasn’t hit your mailbox or bank account yet? Or do you just have a lack of patience like I do?
Checking on your income tax return’s status is actually pretty …