Have you heard of the “nanny tax?” Even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener or other...

If you’re fortunate enough to own a vacation home, you may want to rent it out for part of the year. What are the tax consequences? The...

If you own a valuable piece of art, or other property, you may wonder how much of a tax deduction you could get by donating it to...

Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there are still more...

Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health...

Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the...

As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly...

In recent weeks, some Americans have been victimized by hurricanes, severe storms, flooding, wildfires and other disasters. No matter...

Employer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefit package, and...

If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of...

There may be a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose...

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and...

If you have a parent entering a nursing home, you may not be thinking about taxes. But there are a number of possible tax implications....

More than 43 million student borrowers are in debt with an average of $39,351 each, according to the research group EducationData.org. If...

Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing, according to several...

The housing market in many parts of the country is strong this spring. If you’re buying or selling a home, you should know how to...

In recent months, there have been a number of tax changes that may affect your individual tax bill. Many of these changes were enacted to...

When you file your tax return, you must check one of the following filing statuses: Single, married filing jointly, married filing...

If you have a life insurance policy, you may want to ensure that the benefits your family will receive after your death won’t be included...

The new American Rescue Plan Act (ARPA) provides eligible families with an enhanced child and dependent care credit for 2021. This is the...