If you own a home do you know all the tax deductions and tax breaks that you might be entitled to? When you own your own home there… Read More
If you've incurred a significant loss from the sale of assets you owned or used for investment or personal purposes, you can claim those losses on your 1040… Read More
Taxes: they’re among the most debated areas of governmental policy—and the most debated economic policy—because they literally affect everyone. While specific policies ebb and flow over time, particularly… Read More
Taxes impact everyone, every day, and are thus among the most discussed governmental policy matters in the United States, from K Street to Main Street. Given the importance… Read More
Most people have heard the term “duty free shopping” before, or seen “duty free shop” signs at airports, but many consumers have only a vague idea of what… Read More
Some people make a decision to give up United States citizenship in an effort to avoid US tax obligations. Ending US citizenship is simple – just need to announce… Read More
The 2011 tax season is long gone, and the majority of Americans have already filed their information to the IRS. Although this is out of the way, you… Read More
Tax Day 2012 is April 17th, but don’t let those extra two days to file lull you into a sense of complacency. The time to be preparing your… Read More
Some people are not required to file an IRS tax return because their income falls below a certain amount. However, these same people may be owed an IRS… Read More
There are many ways through which the elderly can reduce their income taxes. Approximately 13% of the U.S. population is over the age of 65, and a large… Read More
Because taxes can significantly impact the economy by changing the cash flow available to both individuals and businesses, a presidential candidate's view on taxes has become an increasingly… Read More
The 2012 IRS mileage rates (2013 IRS mileage rates) vary depending on whether you are claiming mileage for business travel, moving expenses, charitable work or medical-related traveling. Each… Read More