Harvest Losses. It sounds complicated, but "loss harvesting" or selling investments that are down, simple means taking the
Searching for a new job? Summer job search expenses can potentially benefit you even if you do not end up taking the job
The April 18 tax deadline is fast approaching, but if you haven't filed yet, there's no need to panic. While more than half of taxpayers have already filed their returns, each year about 20 percent wait until the last couple weeks to file.
It is NOT quite the final hours to get your taxes done, but certainly, the clock is ticking down. Before the days turn into
While college expenses can be overwhelming, knowing these potential tax benefits may help you make the financial burden of higher education less taxing.
When it comes to identity-related tax fraud, it's not as tough as you might think (or hope). The reason is much more frightening: There is no need to be a savvy hacker to get all the information to commit identity-related tax fraud. You just need to be creative and persistent.
There were recent changes to mortgage financing disclosure laws, so it's important to know what documents to look for now
Because of the numerous additional factors that now apply to your situation, there are likely many new concerns or questions you have once you start checking off boxes on your tax forms.
Key Tax Breaks Extended Temporarily Through 2016: Mortgage Debt Exclusion - Unfortunately, financial crisis can happen in
Sure the tax code is convoluted and April seems so far away, but consumers should seek out expert advice and learn as much as they can about tax basics and how financial products and decisions impact liability.
Whether you've been together for years or decades (or 10 minutes), 2015 taxes will be the first time many LGBT couples will be filing jointly on their federal and state returns because -- cue the trumpets -- we're married now.
With time rushing by and the end of 2015 in sight, you may be lamenting that you haven't accomplished all that you had planned. But even if you'll have to put off certain things until 2016, you still have time this year to make some smart financial moves.
In the coming weeks you could be one of the many Americans receiving what the IRS has quoted as the average tax refund of $3,120. And it's precisely why we thought it was high time to take a look at the common ways people make poor decisions when it comes to tax refunds.
Taxes and Your Wallet
Most taxpayers can use a standard deduction when filing their taxes, but you can possibly save more money if you're eligible for a variety of itemized deductions or credits.
Tax season is upon us again. April 15th may be the official deadline to file, but now is the time to start gathering everything you'll need so that you aren't scrambling in the eleventh hour.
It's six weeks until T-Day. That's Tax Day for those of you who haven't given much thought to the yearly deadline. While we're not quite there yet, crunch time is just around the corner -- unless you start gathering your materials and making some serious strides today.
Tax myths are a lot like a bad date. They are annoying and seem to last forever. Yet people have beliefs about income taxes that have no basis in reality. Were it not for the potential financial costs, some of these might be amusing. But if you believe them and act upon them, they can cost you serious money.
You can get a special tax break to deduct your medical expenses. And they can be a lot more than you realize.
For all married couples, there is an annual choice to make when selecting your filing status: married filing jointly (MFJ) or married filing separately (MFS)? As with most tax-related questions, the answer is that it depends.