You may think you don’t need to make any estate planning moves because of the generous federal estate tax exemption of $12.92 million for...

If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have...

With the rising cost of college, many families are in search of scholarships to help pay the bills. If your child is awarded a...

Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are...

Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in...

Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about...

This year, many Americans have been victimized by wildfires, severe storms, flooding, tornadoes and other disasters. No matter where you...