Recent Posts
You Don’t Have To Itemize To Deduct Charitable Donations In 2026October 19, 2026 - 2:40 pmBeginning in 2026, taxpayers who take the standard deduction may deduct up to $1,000—or $2,000 for married couples filing jointly—in qualifying charitable cash contributions.
Bought A New Car? You May Be Able To Deduct The Loan InterestOctober 12, 2026 - 8:31 pmA new federal tax deduction could allow eligible taxpayers to deduct up to $10,000 a year in interest paid on qualifying new-vehicle loans. But not every car or buyer qualifies.
New Education Freedom Tax Credit Begins In 2027: What Taxpayers Should KnowOctober 5, 2026 - 7:13 pmA new federal tax credit beginning in 2027 could provide taxpayers with up to $1,700—or $3,400 for married couples filing jointly—for qualifying contributions to scholarship organizations.
Paid To Care For A Family Member? Here’s What the IRS Says About TaxesSeptember 28, 2026 - 5:01 pmThe IRS recently reminded taxpayers that family caregivers who are paid for their services may have income-reporting requirements, and the tax treatment can depend on whether the caregiver is considered an employee or is providing caregiving services as a business.
Received An IRS CP53E Notice? Here’s What It MeansSeptember 21, 2026 - 4:18 pmMillions of taxpayers received unfamiliar IRS CP53E notices during the 2026 filing season. Here’s what the notice means, why it was sent and what to do if you receive one.
IRS Highlights Free Direct Pay Option Ahead Of September Estimated Tax DeadlineSeptember 14, 2026 - 7:51 pmWith the September 15 estimated-tax deadline approaching, the IRS is reminding taxpayers about a free way to make federal tax payments directly from a bank account.
2026 Child Tax Credit: What Families Need To KnowSeptember 7, 2026 - 9:26 pmThe Child Tax Credit remains an important tax break for families in 2026, but income limits, refundability rules and identification requirements can affect how much taxpayers receive.
IRS Proposes New Rules For Investments Held In Trump AccountsAugust 31, 2026 - 5:59 pmNew IRS guidance would establish limits on how Trump Account funds may be invested while beneficiaries are minors, including restrictions involving fund structure, fees and investment strategy. One provision could have a particularly important impact on how these accounts are managed when families do not make an investment choice.
How America’s Rich Are Viewing Stocks, Economy Into 2016
According to the Fall 2015 CNBC Millionaire Survey, the rich are concentrating on investments in only a few stock sectors with the belief that a flat S&P 500 index will lead to a lower personal rate of return and household income will remain the same. CLICK ON THE HEADLINE FOR MORE
A Homeowner’s 2015 Tax Checklist
With so many homeowner deductions it can be difficult to tackle without a checklist. For the tax issues most homeowners encounter on an annual basis. CLICK ON THE HEADLINE
What Are Your New Year’s Money Resolutions For 2016?
It isn’t always easy to know what goals we should set for ourselves, especially when it comes to improving our finances. For some steps you can take to make sure you choose the financial resolutions that are best for you, CLICK ON THE HEADLINE