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You Be the Tax Judge: The Verdict on a Money-Losing Horse Business
The Tax Court weighs in on a money-losing horse-breeding business—and explains why years of losses don’t necessarily make it a hobby.
Tax News & Analysis
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Trump Accounts Are Now Automatic, But the $1,000 Isn’t
Trump Accounts are rolling out for eligible children, but the $1,000 isn’t automatic. Here’s who qualifies, how contributions work, and what parents need to know.
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What Is An FBAR? Taxes From A to Z®
Learn what an FBAR is, who must file one, what the threshold is, and which foreign assets count.
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$500 Obamacare “Refund” Checks Are Going Out. Here’s What You Need To Know
Nearly one million Americans are getting $500 Obamacare refund checks. Here’s who gets one, where the money comes from, and what taxpayers should know.
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IRS Reform Bill Clears Senate Without Objection, Waits For House
The Senate unanimously approved a major package of IRS reforms, but the House has yet to act. Here’s what’s in the bill—and what happens next.
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I Timed 188 Calls to the IRS. Here’s Where the Time Actually Went.
An enrolled agent tracked 188 calls to the IRS. See how much time she spent waiting, where the delays happened, and what taxpayers should know before calling.
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IRS Is Looking For Tax Volunteers. Here’s Why I Flew 4,300 Miles To Be One.
The IRS is seeking VITA volunteers for the upcoming filing season. Here’s what I learned while preparing tax returns for free in rural Alaska.
