28 Jan My college student had income I didn’t know about. What now?
The IRS will catch up with people who don't report their income. ...
Taxes
28 Jan Will my kids have to pay the inheritance tax?
The relationship of the deceased and the beneficiary determines the inheritance tax. ...
27 Jan Do I have to report ANCHOR on my tax return?
The IRS treats the ANCHOR payment as a "recovery."...
23 Jan How can seniors get help with taxes for free?
There is free help from volunteers trained by the IRS. ...
22 Jan I’m thinking of moving around and traveling. Where will I be a resident?
Determining where you really live, for tax purposes, is important....
20 Jan Can I deduct medical expenses on my tax return?
You'll have to spend a lot before taking a medical deduction is possible. ...
20 Jan How can the IRS tell if you’re lying about disaster relief?
Taxing authorities usually give filing extensions to people affected by disasters....
17 Jan Should I put money in a Roth or gift it outright to my kids?
When you think of the future, some ways of giving are better than others. ...