You can probably shelter most of the rental income with tax deductions.
Here's an idea for those running a small business as a sole proprietorship or husband-wife partnership. Consider hiring your under-age-18 child as a bona fide employee.
Those worried about suffering the tax equivalent of a root canal may be in luck this year. Thanks to budget cuts, the chances of getting audited will be even slimmer than normal.
It might be a win-win situation, but there are some tax issues.
Know how many different tax-related payments you have to make this month? Let's take a look.
We will work about three and a half months to make good on a year's worth of federal, state, and local tax obligations --five days more than last year.
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North Carolinians may get their long-awaited tax cut after all. Last week the state Senate passed an ambitious plan that chops the personal income tax rate to 5.25% from 7.75%.
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The 74-year-old man struggled with degenerative memory loss and was forgetting to complete financial tasks.He needed help, and turned to financial planner Audrey Wehr Jones, of Casselberry Fla.-based Financial Life Designs. Ms. Jones ...
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Home sales often occur during or shortly after divorces. With real estate values on the upswing in many areas (finally), the federal income tax exclusion for principal residence sale gains can come in handy. However, divorcing individuals ...
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A few steps to take to manage your property tax bill.