Tax news and guidance for individual taxpayers — filing tips, deductions, refunds, and everything else that hits your personal return.
With all of the focus on new tax rates after Congress green-lighted tax reform, it’s easy to forget that some of the biggest changes don’t have anything to do with tax rates: They’re about deductions. Here’s how Schedule A will be affected for the 2018 tax year.
You can’t go anywhere these days without hearing about those tax proposals. Tax law can be tricky. If you don’t know your personal exemption from your standard deduction, or your Schedule A from your Schedule C, I’ve got you covered. Here’s what you need to know:
A tax deduction for charitable giving isn’t guaranteed just because you’re feeling generous. As with everything in tax law, it’s important to follow the rules. Here are 13 tips for making your charitable donation count in 2017.
Republicans in the Senate have announced that they believe they have enough votes to move their latest version of the tax reform bill forward. The National Association of Realtors (NAR) is warning that the bill will cause housing prices to drop.
The end of the year will be here before you know it – and that means year-end tax forms, like forms W-2 and 1099, will soon be on their way.
Senate Republican leaders have now released their version of tax reform. Here’s how it compares to the House Tax Cuts and Jobs Act.
Have you filed your taxes yet? Taxpayers who filed for extension during tax season must file and pay any balance due next week. Taxpayers get an extra day to file this year: Since the regular extension due date, October 15, falls on weekend, taxpayers have until Monday, October 16, 2017, to file.
Americans are increasingly turning to the side hustle – but not necessarily reporting the extra cash to the Internal Revenue Service (IRS). Here’s what you need to know.
Today, Bloomberg BNA released their predictions for 2018 tax brackets and other tax items. Here are their projected numbers for the 2018 tax year (beginning January 1, 2018).
Less than two weeks after Hurricane Harvey caused widespread devastation when made landfall in parts of Texas and Louisiana, Hurricane Irma roared ashore.