$8.41. That was how much 83-year-old Uri Rafaeli, a retired engineer, in Michigan underpaid his property taxes by in 2014. That was all it took
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Your Last Minute Tax Questions Answered
Note: I’m constantly updating as questions come in – so check back throughout the day! I hear you! I’m getting lots of last-minute questions today
Read MoreYou Are Not Alone: R. Kelly Joins Taxpayers Who Have Lost Homes Due To Foreclosure
R&B artist R. Kelly took a huge hit to his finances this week when his 20,000 square foot dream home was auctioned for less than
Read MoreTaxes From A To Z: I Is For Insolvency
I remember the first phone call that I received about insolvency exceptions. A taxpayer called to ask me how to protect his daughter who had
Read MoreExtreme Makeover Homeowners Face Foreclosure
Everyone loves a happy ending, right? And Extreme Makeover, the popular ABC reality television show, always has a happy ending. The thing is, the troubles
Read MoreCongress Considers Second Stimulus Package
As tax rebate checks are slowly (with a huge emphasis on slowly) making their way to taxpayers, Congress is considering a second round of relief.
Read MoreFix The Tax Code Friday: Foreclosures
So following up on yesterday’s post about the proposed tax relief for debt cancellation related to foreclosures, I wonder, “Is it fair?” Today’s Fix the
Read MoreSuddenly, Being Financially Irresponsible Pays Off!
The House Ways and Means Committee has voted to permanently remove the income tax consequences for homeowners whose debt is partially forgiven by a lender
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