Employer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefit package, and...

If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of...

There may be a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose...

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and...

If you have a parent entering a nursing home, you may not be thinking about taxes. But there are a number of possible tax implications....

More than 43 million student borrowers are in debt with an average of $39,351 each, according to the research group EducationData.org. If...

Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing, according to several...

The housing market in many parts of the country is strong this spring. If you’re buying or selling a home, you should know how to...

In recent months, there have been a number of tax changes that may affect your individual tax bill. Many of these changes were enacted to...

When you file your tax return, you must check one of the following filing statuses: Single, married filing jointly, married filing...

If you have a life insurance policy, you may want to ensure that the benefits your family will receive after your death won’t be included...

The new American Rescue Plan Act (ARPA) provides eligible families with an enhanced child and dependent care credit for 2021. This is the...

During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your business from your home or perform...

If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2020 donations....

If you have a traditional IRA or tax-deferred retirement plan account, you probably know that you must take required minimum...

The IRS announced it is opening the 2020 individual income tax return filing season on February 12. (This is later than in past years...

When it comes to taxes, December 31 is more than just New Year’s Eve. That date will affect the filing status box that will be checked on...

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must...

Does your employer provide you with group term life insurance? If so, and if the coverage is higher than $50,000, this employee benefit...

Tax liabilities don’t go away if left unaddressed. Here’s a look at what happens in the event you (or someone you know) can’t pay taxes...