If you’re anything like us, you’re an early bird when it comes to filing your taxes; you want to file as early as possible. So as we creep into February, you’re starting to get anxious. There’s one problem: Your W-2 is lost in the mail. Theor...
Tax season is complicated. And you may think answering the question, “How early should I file my taxes?” isn’t much less complicated. While we all know the tax deadline is April 15th—or at least we hope you know the tax deadline i...
It’s tax time, and this time around, you’re going to get some assistance. But you don’t want to pick the wrong tax preparation service. Every year during tax season, millions of taxpayers switch from DIY to a tax preparation service. And th...
You may be spending the summer at your vacation home, or renting it out for part or the entirety of the season. No matter the case, how the IRS views your vacation residence depends on what it’s used for. And also how much you use it. We clear the ...
As a first time investor, you’re likely focusing on how to maximize your gains and minimize your losses. But have you thought about how you’ll be taxed come next spring? The best way to approach the uncertainty of investments is by understanding ...
Life comes at you fast. When tax season rolls around, you may be surprised to find your financial situation has completely changed. And usually, this is due to a major shift in your lifestyle, career, and family. We break down the 5 most common life ...
Under the new tax law, alimony payments are no longer deductible or taxable transfers. Here’s an overview of the changes and what they mean for divorced couples as well as those considering a divorce. Questions about Alimony Tax Changes What...
The IRS has made clear of the need to report offshore foreign accounts of taxpayers since 2009, with the release of the Offshore Voluntary Disclosure Program. It’s reached the point where the IRS has decided to close the program on September 28, 20...