IRS Auctions: What to Expect After Your Property has been Seized 

Should you owe the IRS substantial back taxes, they will likely begin to levy collection...

Can Tax Liens be Wiped Out in Bankruptcies? 

Tax liens are one-way state and federal tax authorities can pressure taxpayers into paying off their...

An Overview of Tax Breaks for Homeowners

Owning a home is expensive. From mandatory and nondeductible expenses and fixed costs to the...

Federal Tax Returns: Should You File an Extension?

Obtaining a six-month extension to file is relatively easy, and there are legitimate reasons for...

What Is the Net Investment Income Tax?

What Is the Net Investment Income Tax? While the Net Investment Income Tax (NIIT) most...

Defer Capital Gains With Sec. 1031 Exchanges

If you're a savvy investor, you probably know that you must generally report any mutual...

Special Tax Rules for Children With Investment Income

Special tax rules may apply to some children who received investment income in 2022 or...

POA Authorization Approval Requests Available Online

An important part of estate planning is designating a power of attorney; however, the IRS...

Deducting Medical and Dental Expenses

If you, your spouse, or dependents had significant medical or dental costs in 2022, you...

Tax Credits for Accommodating Disabled Workers

Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may...