Tax Tips

Miscellaneous Deductions Can Trim Taxes
 

Miscellaneous Deductions Can Trim Taxes

Posted: August 1, 2016
Many taxpayers claim the standard deduction, but you might pay less tax if you itemize. Here are some IRS tax tips you should know about these deductions.

Tax Rules for Renting to a Relative
 

Tax Rules for Renting to a Relative

Posted: July 28, 2016
When you rent a home to a relative, such as a spouse, child, grandchild, parent, grandparent, or sibling, any day rented at less than the fair rental price is considered a personal use day. To avoid having the rental days considered personal days, the property must be rented at fair market rates and be the renter’s principal residence.

How a Summer Wedding Can Affect Your Taxes
 

How a Summer Wedding Can Affect Your Taxes

Posted: July 20, 2016
With all the planning and preparation that goes into a wedding, taxes may not be high on your summer wedding checklist. However, you should be aware of the tax issues that come along with marriage.

8 Tax Tips for Students Working This Summer
 

8 Tax Tips for Students Working This Summer

Posted: July 8, 2016
Many students get summer jobs. It’s a great way to earn extra spending money or to save for later. Here are some tips for students with summer jobs.

IRS Offers 10 Tips on Filing an Amended Tax Return
 

IRS Offers 10 Tips on Filing an Amended Tax Return

Posted: July 8, 2016
You may discover you made a mistake on your tax return. You can file an amended return if you need to fix an error. You can also amend your tax return to claim a tax credit or deduction. Here are 10 tips from the IRS on amending your return.


Your Personal Tax Season Re-Cap
 

Your Personal Tax Season Re-Cap

Posted: April 19, 2016
Now that the tax filing deadline is over, it’s a good time to look back at the previous year so you can plan for this year. It is never too early to start planning, especially while the information is still fresh in your mind.