If you’ve recently begun receiving disability income, you may wonder how it’s taxed. The...
How are Disability Income Benefits Taxed?
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Graham Brooks
Should You and Your Spouse File Separate Tax Returns?
If you’re married, you may wonder whether you should file joint or separate tax returns....
Claiming Casualty Loss Tax Deduction in Certain Situations
In recent weeks, some Americans have been victimized by hurricanes, severe storms,...
The Tax and Nontax Benefits of Hiring Your Children
If you’re a business owner hiring your children this summer, you can obtain tax breaks...
Save for Retirement by Maximizing Your 401(k) Plan
Contributing to a tax-advantaged retirement plan can help you reduce taxes and save for...
You Might Need to Return Your EIP
The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIP)...
Was Your Economic Impact Payment Lower Than Expected?
Nearly everyone has heard about potentially receiving an Economic Impact Payment (EIP),...
How Holiday Parties and Gifts Can Provide Tax Breaks
With Thanksgiving behind us, the holiday season is in full swing. At this time of year,...
How IRA Charitable Donations Can be Beneficial
Are you charitably minded and have a significant amount of money in an IRA? If you’re...
Does Volunteering for Charity Get You a Tax Break?
If you’re a volunteer who works for charity, you may be entitled to some tax breaks if...