Taxes
Latest Taxes News
How to Donate to Charity With Money From Your IRA
The IRS allows, and even encourages, charitable donations from tax-advantaged retirement accounts such as an IRA. Not only can this…
IRS Gives Another Breather To Taxpayers Who Have Inherited IRAs
The IRS is offering a breather for taxpayers tied to certain specified required minimum distributions (RMDs) for 2024. And if…
My Tax Preparer Made a Mistake: What Can I Do?
By law, you are responsible for your own tax return. This is true even if you hire someone else to…
Who Will Benefit From O.J. Simpson’s Estate? It’s Complicated
Before he died from cancer at the age of 76 earlier this month, O.J. Simpson never voluntarily paid any of…
What Documents Do I Need to File My LLC Taxes?
If you are the owner of an LLC and want to file the correct tax return for your business, the…
Was It The Best Tax Filing Season In Years?
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
I’m Receiving $3,500 Per Month From Social Security. How Can I Reduce My Taxes?
Social Security can generate real income.The more you earned during your working life, up to each year’s income caps, the…
Available Education Tax Credits You Can Claim
For students and their parents, there are two tax credits that can help with the costs of higher education. The…
Gearing Up For The 2025 Energy Tax Debate
The guidance implementing the energy tax credits in the Inflation Reduction Act is not yet complete, but it’s already time…
What Is the Tax Underpayment Penalty and How Can It Be Avoided?
Understanding tax payments and the potential repercussions of underpayment is crucial. The tax underpayment penalty is one such charge that…
