Latest From the Blog
IRS Plans To Increase Audit Rates of Wealthy Taxpayers by 50%
The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large corporations…
Quitclaim Deed Fraud Pervasive in Region With Few Consequences
A judge ruled that one woman’s Dayton property was stolen from her through quitclaim fraud, but the judge decided she won’t get the building back because the people who bought it from the alleged fraudsters are also victims.
Seeking Student-Loan Relief? Here Are 6 Options to Consider.
For the 43.2 million student-loan borrowers owing a collective $1.6 trillion, holding out for broad-based forgiveness from the government may not be the wisest strategy. It has already been shot down by the courts and even smaller-scale efforts to resurrect the plan are ripe for challenge.
The New Math on Inheriting Your Parent's House
Deciding what to do with a family property is often both an emotional and financial decision, but the rising costs of renovations, property taxes and utilities are making it harder for adult children to hold on to the real estate…
Congress Ended a Tax Break. How That May Help Higher Earners.
Many retirement savers are furious about a law that took effect in January, and at first glance it’s easy to see why.
The provision, enacted in late 2022, denies a key tax deduction to workers aged 50 and older who had $145,000 or more in wages the prior year. They’ll no longer be able to put “catch-up” contributions into traditional 401(k) or similar plans…
How To Reap Tax Breaks From Your HSA
Health-savings accounts offer remarkable benefits. But the nuts and bolts of using them are often confusing.