How the Mega-Rich Avoid Paying Taxes

MoneyTipsIt is rumored that some of the wealthiest Americans manage to pay less in taxes than some of their employees. They achieve this by one of two methods: doing their own financial and tax planning or paying someone to do it for them. Simple, isn'...Read More

Top 12 Mistakes To Avoid In Tax Planning

MoneyTipsFailure to plan is planning to fail. That phrase applies to many aspects of life, including taxes. Avoid tax-time failure with adequate planning while watching out for these twelve pitfalls. 1. Disorganization – If you have the stereotypica...Read More

No W-2 Tax Form? What To Do

MoneyTipsThese days, you probably want to file your taxes as early as possible to prevent identity thieves from filing a false return in your name — but that requires you to have the necessary forms in hand, including W-2 forms. The W-2 form is one ...Read More

Should Couples File Taxes Jointly or Separately?

MoneyTipsMarried couples have the choice of filing their taxes jointly or separately. What is the best option for you and your spouse? Generally, it is to file jointly – but there are several factors to consider before making your choice. Obviously,...Read More

Your Top 10 Rights As A Taxpayer

MoneyTipsNightmare: you've been called to a meeting with an IRS agent to discuss your tax return, and you can't afford professional help. Did you know that you could have someone help you at low cost or even free? It’s one of your rights as a U.S. taxp...Read More

Free Tax Preparation

MoneyTipsTax season is upon us, accompanied by many new federal tax changes. If you are one of the many Americans struggling to understand how to fill out your tax forms, the IRS — yes, that IRS — may be able to offer you free assistance. The IRS of...Read More

Top 15 Tax Deductions For The Self-Employed

MoneyTipsAs a self-employed person, you probably watched the development of the Tax Cuts and Jobs Act with some trepidation. The tax code is not often kind to the self-employed, nor are most of the changes to the code. However, the new tax law retai...Read More

9 Tax Breaks For The Young

MoneyTipsCongratulations! You've got your first major job. Unfortunately, you've also got new tax obligations. Welcome to the workforce. You probably want to deal with your taxes as quickly as possible. Most people do, regardless of their age. Unfor...Read More

How To File Your Taxes For Free

MoneyTipsTo pay someone to figure out how much you have to pay the government seems like adding insult to injury. For many taxpayers, there's an easier way. Formed in 2003, IRS Free File is the product of a partnership between the Internal Revenue S...Read More