Sometimes a grandfather knows best, even when the disagreement involves the Internal Revenue Service.

In July, the Securities and Exchange Commission, or SEC, issued new rules for money market funds.

Most K-12 expenses are not deductible. This includes private school tuition and any required uniforms. For children under the age of 13, the cost of before or after school day care may qualify you for a tax credit.

Do you have aging parents that live in an appreciated home, but no longer reap any tax benefits from ownership? For example: home is paid off and there is no mortgage interest deduction for them to deduct.

If you were legally married on 12/31/13, the IRS considers you married for the entire year of 2013.

If you’re a business owner, you are probably familiar with Section 179 and its benefits. Section 179 allows business owners to fully deduct certain equipment purchases in the year they were purchased rather than depreciating the expense over several years. To qualify, property must be used more than 50% in a trade or business and be acquired from an unrelated party.