Repeated Warning about Phone Scams
Your first contact with the IRS will not be a phone call, but an official correspondence sent through the mail. We explain in this Tax Tip.
Do I Have to Pay Taxes When Working Abroad?
The hosts of “Money Talks” discuss the criteria of the Foreign Income Tax Exclusion and the tax consequences of working abroad.
Know the Rules before You Break Open Your Retirement Piggy Bank
Before withdrawing from a retirement plan, carefully consider the resulting decrease in your retirement savings. Read on in this Tax Tip.
Borrowing Money to Finance an Education?
Both home equity loans and education loans can generate tax deductions. Each has its own special rules and limitations. Learn what we mean in this Tax Tip.
Retiring and Relocating? Don’t Neglect State Taxes!
Have you considered moving to a tax-friendly state in which to spend your golden years? Find out what we mean in this week’s Tax Tip.
Deadline Approaching for Undoing a 2013 Roth IRA Conversion
You have until Oct. 15, 2014, to undo your 2013 traditional IRA to Roth IRA conversion. Learn why you should consider it in this week’s Financial Tip.
Tax Basis of Investments
Gain or loss on the sale of your investments equals the difference between your adjusted tax basis and the amount you realize upon the sale of the investment.
10 Basic Tax To-Dos for the Rest of 2014
It’s time to gear up for year-end tax planning! Read 10 To-Dos for the last few months of 2014 in this week’s Tax Tip.
Can You Take a Home Office Deduction?
If you use part of your home for business purposes, you may be able to take a tax deduction. Read all about it in this Business Tip.
Now That My Child is in College, Am I Entitled to Any Education Tax Credits?
The hosts of “Money Talks,” discuss the two available education tax credits. They explain the phase-out limits associated with each credit and how the credits are calculated.