Taxes
Latest Taxes News
Can You Still Get Your Tax Refund During an IRS Audit?
If the IRS notifies you of an audit, and you expected a tax return, you probably have a lot of…
Can You Claim an Adult Child as a Dependent on Your Taxes?
Whether you can claim an adult child as a dependent on your taxes depends on their age, income and living…
Are Unemployment Benefits Taxable Income?
The IRS generally treats unemployment compensation as taxable income. If you don’t plan for this, or don’t withhold money from…
When Do You Owe Taxes Instead of Getting a Refund?
Whether you owe taxes or receive a refund comes down to how much tax was withheld from your paychecks, how…
When Are Capital Gains Taxes Due on Real Estate Sales?
Selling real estate can result in a significant profit, but it may also trigger capital gains taxes depending on whether…
Standard Deduction for Dependents: Rules and Strategies
When it comes to taxes, dependents can affect your return in ways many families don’t expect. Whether you’re claiming a…
Standard Deduction for Married Filing Separately: Tax planning
Deciding how to file your taxes as a married couple can have a meaningful impact on your return. Depending on…
Standard Deduction for a Widow Over 65: Rules and Strategies
The standard deduction for a widow over 65 can be higher than that of the average taxpayer. This has the…
Cross-Border Tax Accountant: Services and Examples
When your financial life involves more than one country, taxes can get complex. This is true for expats, dual citizens,…
Dependent Care FSA: High Income Earners
For high-income earners, balancing a demanding career with the rising costs of childcare can quickly become a financial juggling act.…
