Articles

Once you have filed your 2013 tax return, you may still have a few tax questions. The IRS provides these answers to commonly asked questions. * How can I check the status of my refund? You can go online to check on your refund. Go to www.irs.gov and click on "where's...

Are you a grandparent who wants to help pay for a grandchild's college education? You'll find several ways to do this, each with its own limitations and tax consequences. GIFTS. The simplest way is to make an outright cash gift to your grandchild each year. In 2014,...

Selling items on eBay and other online auction Web sites has become a very popular way to get rid of unwanted household stuff, as well as a way to turn a little profit. Many users have even started full-time businesses auctioning merchandise on the Web. But like any...

You probably know that you can exclude up to $250,000 of gain ($500,000 for most joint filers) when you sell your principal residence. IRS regulations may now allow you to apply this gain exclusion when you sell vacant land that is adjacent to your home. To qualify,...

The quality of the customer service your company provides will have an effect on the net profit of your business. Even with the best of intentions, many companies only give lip service to this very critical area. It is necessary that every employee be tuned in to how...

When is an IRA not a “retirement” account? The U.S. Supreme Court answered that riddle today and resolved a key question that has lingered for nearly a decade: Are funds in an inherited IRA protected in bankruptcy? The answer was a unanimous, “No.” In an opinion with...

IR-2014-53, April 14, 2014 WASHINGTON — As the 2014 filing season nears an end, the Internal Revenue Service today issued another strong warning for consumers to guard against sophisticated and aggressive phone scams targeting taxpayers, including recent immigrants,...

As you investigate opportunities for managing your investment portfolio in 2014, remember to pause and plan for the effect of tax laws. Here are some important rules to consider. Capital gain tax rates. For 2014, the tax rate you'll pay on gains from sales of assets...

One of the first decisions you face as a new business owner is whether or not to incorporate the business. The biggest advantage of incorporating is limitation of your liability. Your responsibility for debts and other liabilities incurred by a corporation is...

Social Security Account Fraud is on the rise now that Social Security is online. In the most recent scam, identity thieves obtain the personal information of Social Security beneficiaries and use that information to attempt to open a ‘my Social Security’ account on...