Taxpayers who challenge the IRS in court are able to win nearly 20% of the time. Here are recent victories that could help other taxpayers save money.
Many tax filers claim legitimate deductions only to have them disallowed because they can’t substantiate them. Here’s how to prove all your deductions.
Tax issues with a second marriage are much more complex than with a first marriage. Planning beforehand can save a lot of time, worry and money later.
Anyone can get audited by the IRS. An audit can be random…it can be related to a transaction you made…
If you rent out your home or even a room in your home (or your vacation property) for at least 15 days a year, you can get a surprising tax break.
One of the most appealing features of a traditional individual retirement account (IRA) is that you don’t pay income tax…
Enlisting a professional to prepare your taxes can help ensure that your return is completed in the best possible way—and…
Ignore Them at Your Own Risk Buried treasure…generous gifts from your employer…and that iPad you got as a gift for…
Steps to Take Before Year-End Now is a great time of year to find tax savings. Enough of the year…
Ranging from Home Renovations to Clarinet Lessons Family medical costs continue to rise, with more than half the respondents in…
Money-Saving Tips for Us All These recent victories by taxpayers over the IRS highlight tax-saving strategies that you might use…
Taxes are not the first thing on someone’s mind after the death of a spouse, but they are something that…
Tax time is probably the least fun time of year, and everyone who owes the government usually waits till the…
Tax rules are not always clear-cut. Several recent rulings, including some victories for taxpayers and some defeats, help clarify the…
Here's another reason to love retirement—the ability to save big money by managing your annual tax bill. Once retired, you…