With tax time coming up quickly, it’s time to get back to the basics: let’s talk taxable income. According to tax law, how can you determine your taxable income?
There is a $500 difference between having a baby before midnight this New Year’s Eve and the baby being born just a minute later. Here’s why.
With all this fall-season talk of tuition bills and student loans, a quick reminder from our friends at the IRS: don’t forget about the education tax benefits that can help offset some of those costs!
If you’re thinking about renting space in your home to a tenant or short-term guest, you probably have some questions about exactly how to handle that extra income come tax time. We turned to Lynn Wilson of The Tax Institute at H&R Block for some answers.
Looking around for a new gig? Many people know that some costs related to your job search are tax deductible — but be sure you understand the rules.
In late June, the Supreme Court upheld a critical piece of the Affordable Care Act, the individual mandate. Here’s what it means for you.