Taxes
Latest Taxes News
Can You Deduct Charitable Donations Without Itemizing Taxes?
For many taxpayers, the standard deduction makes it unnecessary to itemize. However, this also limits which deductions you can claim,…
HSA vs. FSA vs. HRA: Tax Benefits and Requirements
Health savings accounts (HSAs), flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs) offer tax benefits. But each has its…
Trump Tax Plan Auto Deduction
Under the One Big Beautiful Bill Act interest paid on certain car loans would become tax-deductible. If you purchased a…
What Disqualifies You From the Earned Income Credit?
The earned income tax credit (EITC) offers support to low- and moderate-income workers, but certain conditions can make you ineligible.…
Do You Have to Pay Taxes on Rebates? Rules and Examples
When you score that great mail-in offer or discount, you might wonder: Do you have to pay taxes on rebates?…
Schedule E Tax Form: When and How to File
If you earn income from rental properties, royalties, partnerships, S corporations, estates or trusts, you’ll likely need to submit Schedule…
Guide to Canada-U.S. Cross-Border Tax Planning
Cross-border tax planning between Canada and the U.S. will require you to manage income, assets and residency to avoid double…
Getting To Know You Tuesday: Dorothy K. Butler
Most of us have a hidden talent that we trot out from time to time. Maybe you bake amazing cupcakes…
Guide to U.K-U.S. Cross-Border Tax Planning
U.K.-U.S. tax planning involves understanding how income, residency and asset ownership are taxed under both British and American law. Dual…
How to Calculate Your Taxable Income: Step-by-Step Guide
Knowing your taxable income helps you make smarter choices about deductions, retirement contributions and how much tax to withhold. It…
