The Secret History of a Financial Icon
What’s the connection between the dollar and the Spanish peso?
Thinking About Filing for an Extension?
The April 17 individual income tax return filing deadline is almost here. If you haven’t filed yet, watch out for these pitfalls.
2017 IRA Contributions: You Still Have Time
Have you made your 2017 IRA contributions? Just because we’re in 2018 doesn’t mean it’s too late.
Key Deadlines for 2018 2nd Quarter
Does the April 17 filing deadline apply to your company? What additional tax deadlines are there for businesses during the second quarter of 2018?
Home-Related Tax Breaks in 2018 vs 2017
Are you a homeowner? Then home-related tax breaks may provide significant savings on your 2017 return. But the tax-saving outlook isn’t as rosy for 2018.
Casualty Losses in 2018
A disaster, fire or theft last year may mean a 2017 income tax deduction, and claiming it may be easier for certain natural disaster victims. But availability of this break narrows for 2018. Here’s what you need to know.
Charitable Deductions
December’s Tax Cuts and Jobs Act preserves the charitable deduction. But you still might find that you don’t enjoy the same tax benefits from charitable giving in 2018 as you do on your 2017 return.
Small Business Tax Savings for 2017
Sec. 179 expensing allows eligible taxpayers to deduct the entire cost of qualifying business property in Year 1, subject to various limitations. Here’s what you need to know.
Tax Deductions: Moving Costs
If you moved in 2017, you might be able to deduct some of your moving expenses on your 2017 tax return. Unfortunately, if you move in 2018, it’s a different story.
Tax Breaks: Tuition and Fees
The recently passed Bipartisan Budget Act of 2018 included an extension of the tuition and fees deduction. But that may not be the best higher-education break to claim on your 2017 return.