Tax Tips
Capital Gains on Sale of a Home
Selling a home?Â
A capital gain is a profit made from the sale of any capital asset where the sales price exceeds your original… READ MORE
When Will I Get My IRS Tax Refund?
You completed your tax return and are receiving a refund. But how long will it take to get it? If you’re still waiting for your… READ MORE
4 Things You Can Do to Lower Your Audit Risk
The IRS performs a certain number of audits a year, and there is no foolproof way to guarantee you will never be audited.… READ MORE
Can I Deduct Unreimbursed Job Expenses?
What is an unreimbursed job expense?
If you paid for a job expense that was necessary to your line of work during the tax year,… READ MORE
How to Make Spousal IRA Contributions for Retirement
Nearly one in five U.S. parents are stay-at-home moms and dads, according to Pew Research Center. That means that millions… READ MORE
529 Withdrawal Mistakes to Avoid
When it comes to saving money for your child’s education – whether it be for a private elementary school or four-year… READ MORE
Understanding CP501 and CP502 Notices
Owing the IRS isn’t fun, but it happens – especially after the recent government report stating that some employers haven  READ MORE
Calculating Adjusted Gross Income When Married
What is Adjusted Gross Income?
Adjusted gross income (AGI) is the financial amount you use to calculate your tax bill in… READ MORE
Early Retirement Withdrawals and Your Taxes
Withdrawing money from a qualified retirement plan or IRA is tempting when you’re in need of money for medical bills, home… READ MORE