Have you heard of the “nanny tax?” Even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener, or other...

If you’re fortunate enough to own a vacation home, you may want to rent it out for part of the year. What are the tax consequences? The...

If you own a valuable piece of art or other property, you may wonder how much of a tax deduction you could get by donating it to charity....

Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there are still more...

Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health...

Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the...

In recent weeks, some Americans have been victimized by hurricanes, severe storms, flooding, wildfires, and other disasters. No matter...

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and...

More than 43 million student borrowers are in debt with an average of $39,351 each, according to the research group EducationData.org. If...

The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as compared with prior...