During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your business from your home or perform...

If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2020 donations....

If you have a traditional IRA or tax-deferred retirement plan account, you probably know that you must take required minimum...

The IRS announced it is opening the 2020 individual income tax return filing season on February 12. (This is later than in past years...

When it comes to taxes, December 31 is more than just New Year’s Eve. That date will affect the filing status box that will be checked on...

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must...

Does your employer provide you with group term life insurance? If so, and if the coverage is higher than $50,000, this employee benefit...

Tax liabilities don’t go away if left unaddressed. Here’s a look at what happens in the event you (or someone you know) can’t pay taxes...

Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a hybrid schedule. In any...

COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about two common...

In some cases, investors have significant related expenses, such as the cost of subscriptions to financial periodicals and clerical...

In some cases, a married couple files a joint tax return and one spouse doesn’t disclose all of his or her income. The IRS goes after the...

If you invest in mutual funds, be aware of some potential pitfalls involved in buying and selling shares. Surprise sales You may already...

Many employees take advantage of the opportunity to save taxes by placing funds in their employer’s health or dependent care flexible...

Although planning is needed to help build the biggest possible nest egg in your traditional IRA (including a SEP-IRA and SIMPLE-IRA),...

Many people have Series EE savings bonds that were purchased many years ago. Perhaps they were given to your children as gifts or maybe...

Many Americans receive disability income. You may wonder if — and how — it’s taxed. As is often the case with tax questions, the answer...

When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning and advice, some...

October 15 is the deadline for individual taxpayers who extended their 2019 tax returns. (The original April 15 filing deadline was...

Now that most schools are out for the summer, you might be sending your children to day camp. It’s often a significant expense. The good...