Simplification: The provisions under the Income Tax Bill, 2025, have clearer language and cater to modern work scenarios, ...

Navigating the complexities of homeownership in the United States involves understanding which expenses are deductible and ...

Tax season is here, so thoughts naturally turn to finding ways to save money. While most people stick to standard deductions ...

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

As the current tax season continues and early filers look for their refunds, Ohio's Department of Taxation outlined new ...

Robert Powell: The Tax Cuts and Jobs Act was enacted in 2017 and was scheduled to sunset after 2025, but who knows in the wake of the federal election. Here to talk with me about this is Noah Harden, ...

Named after Section 1031 of the IRC, it allows investors to postpone paying capital gains tax on rental properties by reinvesting the proceeds in like-kind property ... gains tax liabilities is to ...

(or even yourself) in a tax-advantaged way. Although 529 savings plan contributions aren't deductible on your federal income ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

The IRS doesn't have a "conscientious objector" type of exemption, not for political or religious reasons. The government expects you to pay tax on all your income as you earn it, which means that if ...

So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...