Taxes

  1. If my spouse passes away, will I have to sell my home to meet creditor obligations?

    If my spouse passes away, will I have to sell my home to meet creditor obligations?

    There are laws that can protect, to a certain extent, the value of a home from property taxes and creditors following the ...
  2. Avoid Capital Gains Tax On Your Home Sale

    Avoid Capital Gains Tax On Your Home Sale

    If you have property to sell and want to avoid capital gains tax, a Section 1031 exchange may be the answer.
  3. IRS Asset Seizures: Could It Happen To You?

    IRS Asset Seizures: Could It Happen To You?

    If you can't pay your taxes, know that the IRS has many avenues for collecting what you owe.
  4. 4 Unusual Ways To Boost Social Security Benefits

    4 Unusual Ways To Boost Social Security Benefits

    Find out how to work the system to get the highest total benefits the law allows.
  5. Refusing An Inheritance

    Refusing An Inheritance

    Contrary to popular belief, inheriting assets isn't always a good thing. Find out what to do if you want to disclaim them. ...
  6. Taking A Look At Tax Havens

    Taking A Look At Tax Havens

    These tax-free zones might sound appealing, but the consequences often aren't.
  7. The Truth About The First-Time Homebuyer Tax Credit

    The Truth About The First-Time Homebuyer Tax Credit

    The $8,000 tax credit might be the push you need to buy your first house, but there are some things you need to know first. ...
  8. A Look At The Generation-Skipping Transfer Tax

    A Look At The Generation-Skipping Transfer Tax

    For those who encounter this tax, it can be costly. Find out how to navigate this complicated tax arrangement.
  9. Transfer Retirement Savings When You Change Jobs

    Transfer Retirement Savings When You Change Jobs

    Half of Americans lose their nest eggs when they switch careers. Learn why you should avoid this trap.
  10. Which of the following BEST describes a wash sale?

    Which of the following BEST describes a wash sale?

    A. Buying and selling the same security simultaneously B. Buying stock while selling the equivalent convertible bondsC. Exercising ...
  11. 5 Things Every Real Estate Pro Knows

    5 Things Every Real Estate Pro Knows

    Find out how to stop chasing the market and start leading it.
  12. On This Day In Finance: July 13 - Live Aid Concert Raises $70 million

    On This Day In Finance: July 13 - Live Aid Concert Raises $70 million

    The first global concert raised millions of dollars to help the poor in Ethiopia.
  13. Gift Cards? The Tax Man Wants Yours

    Gift Cards? The Tax Man Wants Yours

    Find out why 25 U.S. states currently confiscate unused gift card balances.
  14. Notorious White Collar Criminals: Where Are They Now?

    Notorious White Collar Criminals: Where Are They Now?

    While Madoff's victims hope he dies in jail, other notorious fraudsters still have future careers ahead of them.
  15. Free Money For Homebuyers

    Free Money For Homebuyers

    Take advantage of the federal and state money being offered to apply for an FHA mortgage and get the cash you need to go ...
  16. Tax Court: Your Last Resort

    Tax Court: Your Last Resort

    Appealing an unfavorable or unfair tax ruling may be your last chance to save your finances.
  17. Vacation Home Or Income-Producing Investment?

    Vacation Home Or Income-Producing Investment?

    There is an alternative to letting your cottage sit empty all year, but turning a profit won't be easy.
  18. Why does the IRS withhold income taxes from employee paychecks?

    Why does the IRS withhold income taxes from employee paychecks?

    In the midst of WWII, the U.S. government ran into trouble funding the war effort. The problem did not originate from citizens ...
  19. Do nonprofit organizations pay taxes?

    Do nonprofit organizations pay taxes?

    Section 501 of the Internal Revenue Service (IRS) tax code exempts qualified nonprofit organizations from federal taxes. ...
  20. No Debt Forgiveness For The Tax Man

    No Debt Forgiveness For The Tax Man

    Debt settlement sounds like a free lunch, but it has tax consequences.
  21. Do I still have to pay penalties and taxes on money that I don't roll over from a ...

    Do I still have to pay penalties and taxes on money that I don't roll over from a ...

    It depends. Let's address the two penalties that will apply - the 10% early-withdrawal penalty and the 20% federal withholding ...
  22. 5 Ways To Save On Child Care Costs

    5 Ways To Save On Child Care Costs

    Child care costs can be a shock to new and expecting parents, but are some programs in place to help with the first few years. ...
  23. Tough Times: Should You Dip Into Your Qualified Plan?

    Tough Times: Should You Dip Into Your Qualified Plan?

    401(k)s, pensions and profit-sharing plans can be a source of cash, but there are consequences to this option.
  24. Personal Income Tax Guide

    Personal Income Tax Guide

    If the sight of your W-4 has you in the doldrums, read on to learn how to beat the tax blues.
  25. Making Sense Of The Tax Code

    Making Sense Of The Tax Code

    If tax rules and regulations are Greek to you, read on to learn how to decipher them.
  26. Non-Cash Contribution Rules Could Cut Returns

    Non-Cash Contribution Rules Could Cut Returns

    Higher standards for certain contributions could mean smaller deductions for you.
  27. What is the purpose of a

    What is the purpose of a "repatriated tax break", and why is it so controversial?

    In 2004, Congress passed the American Jobs Creation Act to create new jobs in an effort to boost the economy. One of the ...
  28. I've heard that workers who don't roll over their 401(k)s after retiring face some ...

    I've heard that workers who don't roll over their 401(k)s after retiring face some ...

    I am not sure to which government regulation your contact was referring. However, here is what I can tell you. In 2002, the ...
  29. Should I put money into a retirement account even if it isn't tax deductible?

    Should I put money into a retirement account even if it isn't tax deductible?

    One of the biggest and most often-touted advantages of putting money into a retirement account is the tax savings that come ...
  30. How do I use the IRS Free File tax forms?

    How do I use the IRS Free File tax forms?

    Free File is a way for taxpayers to prepare and file their federal taxes online for free. The service is available to individuals ...
  31. What are the tax consequences of a Roth IRA distribution if the IRA holder is younger ...

    What are the tax consequences of a Roth IRA distribution if the IRA holder is younger ...

    The tax treatment of a Roth IRA distribution depends on whether the distribution is qualified. Qualified distributions from ...
  32. How can I reduce the taxes on my inherited retirement assets?

    How can I reduce the taxes on my inherited retirement assets?

    Many beneficiaries miss out on one of the most significant tax deductions for inherited retirement-plan assets; the income ...
  33. How does the marginal tax rate system work?

    How does the marginal tax rate system work?

    The marginal tax rate is the rate of tax that income earners incur on each additional dollar of income. As the marginal tax ...
  34. 5 Things To Consider Before Late-In-Life Marriage

    5 Things To Consider Before Late-In-Life Marriage

    Waiting to marry has become the norm, but do you know what to consider before saying "I do"?
  35. Are the deferred earnings in a SIMPLE IRA subject to FICA taxes?

    Are the deferred earnings in a SIMPLE IRA subject to FICA taxes?

    While salary deferral contributions to a savings incentive match plan for employees of small employers (SIMPLE) IRAs and ...
  36. 9 Tips For Growing A Successful Business

    9 Tips For Growing A Successful Business

    Give your business what it needs to thrive and it will reward you for years to come.
  37. How does the American Housing Rescue and Foreclosure Prevention Act of 2008 affect ...

    How does the American Housing Rescue and Foreclosure Prevention Act of 2008 affect ...

    The passage of the American Housing Rescue and Foreclosure Prevention Act of 2008 at the end of July 2008 made about $15 ...
  38. It Is Better To Give AND Receive

    It Is Better To Give AND Receive

    You give to benefit others, but there can be perks for you too.
  39. Get A Step Up With Credit Shelter Trusts

    Get A Step Up With Credit Shelter Trusts

    Don't let unexpected taxes eat away at your inheritance or burden your heirs.
  40. How can a trust lower federal transfer tax liability?

    How can a trust lower federal transfer tax liability?

    A trust is an arrangement in which an individual or entity controls property or funds on behalf of someone else without actually ...
  41. I am a non-U.S. citizen living outside the U.S. and trading stocks through a U.S. ...

    I am a non-U.S. citizen living outside the U.S. and trading stocks through a U.S. ...

    The tax implications for a foreign investor will depend on whether that person is classified as a resident alien or a non-resident ...
  42. I will be receiving monies from a QDRO executed pursuant to my divorce. I would like ...

    I will be receiving monies from a QDRO executed pursuant to my divorce. I would like ...

    There are several issues to consider: The early distribution penalty - Assets distributed from a qualified plan in accordance ...
  43. Can a corporation deduct dividend payments to shareholders before taxes are calculated?

    Can a corporation deduct dividend payments to shareholders before taxes are calculated?

    Corporations may not legally deduct the dividend payments before taxes but there is another approach - a corporate structure ...
  44. What are unrealized gains and losses?

    What are unrealized gains and losses?

    An unrealized loss occurs when a stock decreases after an investor buys it, but he or she has yet to sell it. If a large ...
  45. A Multipurpose Future Planning Tool

    A Multipurpose Future Planning Tool

    Overfunded variable universal life insurance policies can be an all-in-one financial solution.
  46. What is estate planning?

    What is estate planning?

    Estate planning involves making plans for the transfer of your estate after death. Your estate is all the property that you ...
  47. I deducted my IRA contribution on my tax return but failed to transfer the funds. ...

    I deducted my IRA contribution on my tax return but failed to transfer the funds. ...

    If an IRA contribution was deducted on a tax return, but the contribution was never made to the IRA by the taxpayer's tax ...
  48. How are realized profits different from unrealized or so-called

    How are realized profits different from unrealized or so-called "paper" profits?

    When buying and selling assets for profit, it is important for investors to differentiate between realized profits and gains, ...
  49. How do I figure out my cost basis on a stock investment?

    How do I figure out my cost basis on a stock investment?

    The cost basis of any investment is the original value of an asset adjusted for stock splits, dividends and capital distributions. ...
  50. How can I use a child tax credit?

    How can I use a child tax credit?

    You may be able to reduce the amount of taxes you owe by up to $4,000, by claiming the child tax credit of up to $1,000 for ...
Save Money
  1. 5 Ways To Make Your Home Remodels Pay Off

    Here are five ways to make your home renovation worth the money and effort you put into it.
  2. Differences Between Private Foundations And Public Charities

    Here's a look at the differences between these types of charitable organizations.
  3. How To Monetize Your YouTube Channel

    YouTube's Partner Program helps users earn money through their channels. Find out how.
  4. The World's Most Valuable Private Companies

    In spite of the rewards going public can bring, some companies prefer to remain private, and they are very successful in this.
  5. Is Cyber Monday The New Black Friday?

    Cyber Monday is becoming more popular than Black Friday. Here's why.
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