Category: Taxes
What if <gasp> you unexpectedly receive a tax form after you’ve already filed your tax return with the IRS? Or, legislation is signed that retroactively changes a tax deduction …
This article has been updated for the 2022 and 2023 tax years. Most taxpayers who have filed their own taxes are probably somewhat aware of the “Presidential Election Campaign …
This article has been updated for 2023 (2022 tax year filing). The tax deadline is fast approaching, but there are still a few tools left in the tax toolkit …
Update: As predicted in the article below, charitable donations took a big hit, post Tax Reform, with 61% less charitable tax deductions claimed. As a COVID financial relief measure, …
Update: a variation of what is detailed below was passed into law. I’m very interested to see how the new Republican attempt at tax reform shakes out. We should …
When the tax deadline arrives, if you do not file a return on time, it will result in a tax penalty. You can, however, file an IRS tax extension …
This article has been updated for the 2022 & 2023 tax years. Do you want to earn self-employment income without disclosing your Social Security number to everyone you work …
As the U.S. economy shifts more and more to service based consumption and the “Gig Economy” continues to grow, income taxes may not be quite as simple as receiving …
