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Why Are Most Business Expenses Tax Deductible?

The easiest answer to this question is “because the IRS/the government says so.” They’re the ones who came up with the tax code in the first pla...

What are the tax rules for children who have investment income?

It’s fairly typical not to expect children to file tax returns. Often they have no income, usually they are young enough to be considered dependents...

Are There Tax Deductions For Professional Gamblers?

>When we think of professional gamblers, we typically think of the people at the final table on World Series of Poker. But what we may not realize ...

What gifts are tax deductible?

Almost everyone loves gifts, both giving and receiving them. And most of the time, gifts and taxes don’t overlap too much. But in some cases they do...

Do I Get Tax Credits For Hiring Veterans?

If you run a small business (or any business, really), hiring can be a major issue. The balancing act between bringing on the best people and not goin...

What Are The Tax Rules For Expats?

For many US citizens, it’s a romantic and adventurous (and slightly ironic) part of the American dream to live abroad. Waking up every morning in Pa...

What Is A 529 And The Tax Benefits Of Opening One?

A 529 savings plan, or 529 for short, is a financial vehicle operated by a state or educational institution to assist people in saving for college. Us...

Can I Expect Delays With My 2017 Tax Refund?

It’s early 2017 already, which means you may be just a few weeks away from receiving your favorite check of the year: your tax refund. But there hav...

8 Tax Tips For Small Business Owners

If you run a small business, you’re used to wearing lots of different hats and handling many aspects of the business yourself. So when tax time come...

7 Tax Tips For The Suddenly Unemployed

It’s been one of those days. When you got up this morning, you had a job. Now, just a few hours later, you don’t anymore. While you’re figuring ...

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7 Tax Tips For The Suddenly Unemployed

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