Latest From the Blog
Tax Tip of the Week | No. 280 | 1099 and Related Form Changes
When you receive your 1099s and 1098s in the upcoming weeks the forms may have a different look. They may also contain some additional information you will need to complete your 2014 federal tax return.
Tax Tip of the Week | No. 279 | What New IRA Rules Mean for Your Retirement Account
A few folks thought they could use their individual retirement accounts for short-term loans to themselves. The Internal Revenue Service was not amused. Starting in 2015, new rules apply for withdrawing money from an IRA with the aim of rolling it into another IRA investment, taking possession of the funds yourself in the process.
Tax Tip of the Week | No. 275 | Grandfather Represents Self in Tax Court and Wins
Sometimes a grandfather knows best, even when the disagreement involves the Internal Revenue Service.
Tax Tip of the Week | No. 273 | Congressional Bill Could Help Married Couples Deduct More Interest on Student Loan Debt
Rep. Mark Pocan, D-Wis., has introduced a bill that would help low-income married couples deduct twice as much of the interest charged on their student loan debts.
Tax Tip of the Week | No. 272 | IRS Issues New Instructions for Obamacare
The Internal Revenue Service has issued new draft instructions, notices and a publication to help taxpayers and tax practitioners deal with the Affordable Care Act.
Tax Tip of the Week | No. 270 | IRS Issues 401(k) After-Tax Rollover Rules
The IRS has issued new rules for taking after-tax money out of a 401(k), and they are taxpayer-friendly.