Do You Owe Estimated Taxes? If So, When Is The Next One Due?
Certain taxpayers generally must make quarterly estimated tax payments to avoid a penalty. Here are the rules, along with when the next payment is due.
Business Website Expenses: How They’re Handled For Tax Purposes
When developing your business’s website, how do you handle the expenses for tax purposes? Here are the basic rules.
How Are Series EE Savings Bonds Taxed?
If you own Series EE bonds, take a look at the issue dates to see if the bonds are no longer earning interest. Here’s how bond interest is taxed.
Six Tax Issues To Consider If You’re Getting Divorced
Getting a divorce can be an agonizing process. You don’t want to make it worse by making decisions that will cost you more in taxes. Here are six issues to consider if you’re getting a divorce.
Planning Your Estate? Don’t Overlook Income Taxes
The federal estate tax exemption is currently $13.61 million, so you may want to think more about saving income taxes for your heirs (rather than worrying about estate taxes).
Consider Borrowing From Your Corporation But Structure The Deal Carefully
Closely held corporation owners: If you need money for personal expenses like a new car or home improvements, consider borrowing from the business. But follow these tips to avoid adverse tax consequences.
What Might Be Ahead As Many Tax Provisions Are Scheduled To Expire?
What’s on the tax horizon as many Tax Cuts and Jobs Act provisions get closer to their scheduled expiration date? Here are four possible scenarios.
Social Security Tax Update: How High Can It Go?
The Social Security tax paid by many individuals will continue to go up in future years. Here’s a look at how the tax affects employees, self-employed individuals and employers.
Figuring Corporate Estimated Tax
An important deadline for quarterly federal estimated tax payments is coming up on June 17. Here are the methods for computing payments for corporations.
House Rich But Cash Poor? Consider A Reverse Mortgage Strategy.
If you’re 62 or older and own a highly appreciated house, a reverse mortgage may provide a way to stay in the home for your lifetime, get some income and receive a tax-saving bonus.