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...

To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts (HSAs). With...

You’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax savings,” one organization...

When you retire, you may consider moving to another state — say, for the weather or to be closer to your loved ones. Don’t forget to...

The IRS just released its audit statistics for the 2018 fiscal year, and fewer taxpayers had their returns examined as compared with...

Due to the massive changes in the Tax Cuts and Jobs Act (TCJA), the 2019 filing season resulted in surprises. Some filers who have gotten...

Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may be out in full...

It’s that time of year when many people who filed their tax returns in April are checking their mail or bank accounts to see if their...

While the number of plug-in electric vehicles (EVs) is still small compared with other cars on the road, it’s growing — especially in...