Q&A Time: Tax Basis, Medicare HMOs and Buying or Leasing a Car
Should you lease or purchase a car? We explore in our Q&A.
Don’t Get Scammed, They Are Very Clever
Scammers claim to be from the IRS, banks or credit card companies to trick you into divulging your personal information. Learn more in this week’s Tax Tip.
Getting Hit With the Alternative Minimum Tax?
The AMT is an extremely complicated area of tax law that requires careful planning to minimize its effects. Learn more in this Tax Tip.
Credit for Small Employer Health Insurance Premiums
Small businesses may be eligible for a tax credit for paying the health insurance premiums for employees. Read more in this Insurance Tip.
Haven’t Filed an Income Tax Return?
Procrastinating on your tax return? You may not like the consequences if you wait too long. Find out more in this week’s Tax Tip.
Q&A Time: CIT Group, Aaron’s, Copart, L Brands, Finisar and More
The “Money Talks” hosts answer a variety of listener questions, including those on student loan interest, family limited partnerships, and the parent company behind Victoria’s Secret.
Tax Planning Tips: Auto Insurance
If you use your car for business, certain insurance-related costs can be deducted on your federal income tax return. Learn more in this Insurance Tip.
Maximizing Qualified Tuition Program Contributions
With high contribution limits, 529 plans can be used as both as a college savings tool and an estate-planning tool. Learn more in this Tax Tip.
How do I figure the tax on the sale of my home?
You may be able to exclude up to $500,000 of capital gain from federal income tax when you sell your home for MFJ. Read more in this Tax Tip.
Deductibility of IRA Contributions
Are your IRA contributions tax deductible? It depends on your income and if you are covered by an employer plan.