Federal estimated tax payments are designed to ensure that certain individuals pay their fair share of taxes throughout the year. If you...

Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and...

Electric vehicles (EVs) have become increasingly popular. According to Kelley Blue Book estimates, the EV share of the vehicle market in...

Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your...

Do you invest in mutual funds or are you interested in putting some money into them? If so, you’re part of a large group. According to...

Are you an older taxpayer who owns a house that has appreciated greatly? At the same time, you may need income. Thankfully, there could...

Many people dream of turning a hobby into a regular business. Perhaps you enjoy boating and would like to open a charter fishing...

If you donate valuable items to charity and you want to deduct them on your tax return, you may be required to get an appraisal. The IRS...

Let’s say you own one or more vacant lots. The property has appreciated greatly and you’re ready to sell. Or maybe you have a parcel of...

There are many rewards for taking care of an elderly relative. They may include feeling needed, making a difference in the person’s life...

Vacation homes in upscale areas may be worth way more than owners paid for them. That’s great, but what about taxes? Here are three...

Most people are genuinely appreciative of inheritances, and who wouldn’t enjoy some unexpected money? But in some cases, it may turn out...

If you’re buying a new home, you may have thought about keeping your current home and renting it out. In March, average rents for one-...

The tax filing deadline for 2023 tax returns is April 15 this year. If you need more time, you can file for an extension until October...

The April 15 tax filing deadline is right around the corner. However, you might not be ready to file. Sometimes, it’s not possible to...

If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required...

Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you’re fortunate enough to already own a...

Some people mistakenly believe that Social Security benefits are always free from federal income tax. Unfortunately, that’s often not the...

Unemployment has been holding steady recently at 3.7%. But there are still some people losing their jobs — particularly in certain...

With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to these plans...