November 10, 2022
If you have children in college, you may be able to claim one of two higher education credits for qualified expenses, although these tax benefits are phased out for upper-income taxpayers.
Taxes November 10, 2022
Ways and Means Chair Richard Neal urged justices to reject Donald Trump’s request to pause lower court rulings.
November 9, 2022
If the aide performs other household chores like cooking and cleaning, you must apportion their wages. Only the part allocable to medical care is deductible as a medical expense.
November 8, 2022
Unfortunate as it may be, you know that small business clients too often neglect their bookkeeping, expense documentation, and other tax-related responsibilities.
November 8, 2022
In certain limited situations, you may realize a tax break for a home improvement that is deemed to be medically necessary. If you qualify, a portion of the expense is deductible as a medical expense as...
Taxes November 7, 2022
Ford responded to Treasury Department request on how it should implement the new consumer tax credits.
Taxes November 3, 2022
IRS-CI carried out more than 2,550 criminal investigations during its most recent fiscal year, according to a report.
Taxes November 3, 2022
The comments will help the IRS draft rules most reflective of the needs of taxpayers entitled to claim energy credits.
Taxes November 2, 2022
The trial threatens to reveal the inner workings of the real estate empire that set Trump on his path to the White House.
November 1, 2022
You can add the cost of premiums to the amount you need to surpass the deduction threshold for medical expenses. But the IRS strictly limits the amount you can write off for LTCI insurance each year.
October 31, 2022
The tax law also allows you to write off amounts paid for a dependent such as an elderly relative.
Taxes October 25, 2022
Prosecutors say the Trump Org and its sister payroll company disguised millions in taxable income for 15 years.