Taxable IRA withdrawals should be planned based on your age. Your age, at the time you withdraw, can make a big difference in the amount of tax that you will pay. Generally, there are three [...]
The Total Tax Insights calculator is the first tax calculator to provide a comprehensive view of the number and variety of taxes you pay and their estimated amounts based on your place of [...]
If your tax deductions normally fall short of itemizing your deductions or even if you are able to itemize, but only marginally, you may benefit from using the “bunching” strategy.
With people living longer, many individuals find themselves becoming the care provider for elderly parents, spouses and others who can no longer live independently. When this happens, questions [...]
Many companies have questions about what to do with an employee's home when he or she is moved to a new job location, especially when the real estate market is in a downturn throughout much of [...]
Summertime is the season that often leads to major life decisions, such as buying a home, moving or a job change. If you are looking for a new job that is in the same line of work, you may be [...]
Tax rules on rental income from second homes can be complicated, particularly if you rent the home out for several months of the year, but also use the home yourself. There is however, one [...]
Generally, you are taxed on income that is available to you regardless of whether it is actually in your possession, but there are some situations when certain types of income are partially taxed [...]
When looking for deductions to add to your taxes, don’t overlook your meal and entertainment expenses. These types of expenses must be “ordinary” and “necessary” to your business or trade and [...]
Many of you see us only at tax time, when your main focus is on completing and filing your tax return. As a result, you may not realize that you can ask us questions about long-term tax planning [...]
