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5 Post-Divorce Tax Changes to Know

Whatever the cause might be, divorce is difficult. It doesn’t matter how long you were married, whether or not you had a lot of shared property, or whether or not you have children in the picture. S...

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latest posts

Avoid Mistakes at Tax Time
Common Tax Mistakes Delay Refunds and Processing Now that the new year has come and gone, one of the next big days sure to hit your calendar is April 15 – the deadline for filing your federal income taxes. But while you may file your necessary ...
Tax Hikes to Hit Rich Post Fiscal Cliff
Washington Sputters On Big Tax Compromise If there was any time when Washington D.C. politicians were tested to see whether they could make a deal, that time is now. The so-called “Fiscal Cliff” is set to kick in on Jan. 1, 2013. Why is i...
Red Flags for IRS Audits
Factors That Determine the Special One Percent The IRS can be a big hassle for certain people. After working for a year and paying taxes, you can find an IRS auditor knocking on your door, demanding records and asking questions. In short, the IRS can...
Saying “I Do” To the IRS
Marriage Tax Impacts Marriage is an institution that goes back hundreds of years. And the idea of taxes is just as old. People say “I Do” on one of the most important days of their lives: their wedding day. But it also ushers in a new way of appr...
Entrepreneurial Tax Deductions
Using the Tax Code for Your New Business Starting your own business is an important – and exciting – time in any person’s life. So why not take advantage of the incentives in the tax code to help make it happen? Uncle Sam provides m...
Whistleblowers Reporting More Tax Cheats
Dollars Spur Deals Whistleblowers get a lot of goodwill. They typically report crimes that go unreported because no one knows about them, or report a massive waste of taxpayer money. But they’re also reporting more and more tax cheats, thanks to an...
Windstorm Brews Over Wind Energy Tax Credit
Debate Whirls Regarding Industry Incentive The tax code is used to help a bunch of burgeoning industries, and one that’s been on the government’s favorites list is alternative energy. Wind energy companies have received a lot of government suppor...
Do Tax Cuts for Wealthy Grow the Economy?
Study: Tax Cuts for the Rich Don’t Spur Economic Growth Another day, another tax study. Tax rates are always a hot topic in Washington, D.C., with one side of the political spectrum consistently promoting the idea that tax cuts for the wealthy ...
How the Election Impacts Your Taxes
Election 2012: Romney and Obama Tax Plans If there’s an election that impacts the American people’s tax burden, the 2012 presidential election is it. Republican candidate Mitt Romney and Democratic incumbent President Barack Obama are app...
Poll: Increase Taxes on Wealthy
Nearly Six in Ten Believe Wealthy Should Pay Higher Taxes The tax rates paid by the country’s wealthiest earners are almost always the topic of political debate. But according to a new poll, a majority of Americans feel Uncle Sam should be taki...
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