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Retirement Income and Taxes

in Individual Taxes by Jonah Sparks
Many things in your life are going to change when you retire but you can count on at least one thing remaining the same. You’ll still have to pay taxes. Let’s face it, taxes are normally the biggest expense in retirement and some of us need every penny of…
1095

Help for Victims of Hurricane Sandy

in Individual Taxes by Jonah Sparks
As part of its efforts to support people in the areas hit by Hurricane Sandy, the IRS is expediting the review and approval process for organizations that are applying for tax-exempt status to provide relief for Hurricane Sandy’s victims. Often, it’s best to…
1228

Do I Have to Pay Tax on Foreign Earned Income?

As a citizen of the United States, you are required to pay U.S. income tax any money you…
558

A Simple Option for Claiming Home Office Deduction

The Internal Revenue Service today announced a simplified option that many owners of…
799

Take the Income Tax Credit for Your Retirement Fund

Saving for your retirement allow you to be automatically will allow you to be…
Interest, Penalties, Late Payments-Lion, Tiger and Bear
2117

Taxes and Penalties and Interest … Oh My!

If you think the tax forms themselves are complicated, wait ‘til you see the notices…
Gay Marriage
7186

Can Legally Married Gays File "Married?"

OK, here's a sticky one. If you are a gay couple that is legally married in a US state or…
2341

Tax Shelters for High Income

Due to changes in tax laws, strategies for lowering individual income taxes are harder to…

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