Sisters Amy Chorew and Maeda Palius offer tips and the latest insights so you can find out what you need to know to optimize the deductions on your 2023 taxes and plan ahead for next year’s return. Continue reading
Ahead of Tax Day, lawyer and tax expert Jason Holliday explains basic things real estate agents need to know about filing taxes as independent contractors. Continue reading
In this recurring column, we host various contributing writers who share finance insights they’ve picked up throughout their careers to help agents and brokers stay financially fit. Here, Christy Murdock Edgar offers tips on how to get organized now an… Continue reading
Charities feared that the 2017 tax law would lead to a drop in charitable giving by individuals. The chief reason: the doubling of the standard deduction (to $24,000 for married couples filing jointly) would mean it wouldn’t pay for many to itemize on … Continue reading
(This article previously appeared on the PBS NewsHour site.) The tax overhaul Congress passed in late 2017 generally simplifies filing for millions of families in America with an increased standard deduction, but it can also limit some deductions that … Continue reading
If you’re trying to figure out how the Tax Cuts and Jobs Act, the sweeping tax law that took effect in 2018, has changed deductions for people 65 and older and family caregivers, you’re not alone. The 2019 tax season brings several changes that affect … Continue reading
Outside of the annual spring ritual of filing tax returns, most Americans are not regularly thinking about their taxes. However, this year, there are several compelling reasons why taxpayers should be thinking about this subject ahead of peak season. W… Continue reading
Nobody ever said going through divorce is easy. Aside from the normal emotions of a broken relationship and family, there’s the paperwork, the attorneys, the courts and, of course, the money. As if dividing up assets wasn’t difficult enough, new tax ch… Continue reading