If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — tax benefit...

Stock, mutual fund and ETF prices have bounced around lately. If you make what turns out to be an ill-fated investment in a taxable...

Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the...

There are some nice tax breaks for transportation-related employee fringe benefits. If your employer offers these tax-favored fringes,...

Have you ever invested in a company only to see its stock value plummet? While such an investment might be something you’d rather...

Suppose your adult child or friend needs to borrow money. Maybe it’s to buy a first home or address a cash flow problem. You may want to...

When we prepare your tax return, we’ll check one of the following filing statuses: single, married filing jointly, married filing...

Tuesday, April 15 is the deadline for filing your 2024 tax return. But another tax deadline occurs on the same day, and it’s essential...

Once your 2024 tax return is in the hands of the IRS, you may be tempted to clear out file cabinets and delete digital folders. But...

Federal estimated tax payments are designed to ensure that certain individuals pay their fair share of taxes throughout the year. If you...

Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and...

Electric vehicles (EVs) have become increasingly popular. According to Kelley Blue Book estimates, the EV share of the vehicle market in...

Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your...

Do you invest in mutual funds or are you interested in putting some money into them? If so, you’re part of a large group. According to...

Are you an older taxpayer who owns a house that has appreciated greatly? At the same time, you may need income. Thankfully, there could...

Many people dream of turning a hobby into a regular business. Perhaps you enjoy boating and would like to open a charter fishing...

If you donate valuable items to charity and you want to deduct them on your tax return, you may be required to get an appraisal. The IRS...

Let’s say you own one or more vacant lots. The property has appreciated greatly and you’re ready to sell. Or maybe you have a parcel of...

There are many rewards for taking care of an elderly relative. They may include feeling needed, making a difference in the person’s life...

Vacation homes in upscale areas may be worth way more than owners paid for them. That’s great, but what about taxes? Here are three...