In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing...

Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting...

If you made large gifts to your children, grandchildren, or other heirs last year, it’s important to determine whether you’re required to...

Despite the robust job market, there are still some people losing their jobs. If you’re laid off or terminated from employment, taxes are...

Traditional IRAs and Roth IRAs have been around for decades and the rules surrounding them have changed many times. What hasn’t changed...

If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax...

If you’re paying back college loans for yourself or your children, you may wonder if you can deduct the interest you pay on the loans....

You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not...

The IRS began accepting 2021 individual tax returns on January 24. If you haven’t prepared yet for tax season, here are three quick tips...

As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly...