Tag: tax management

person looking at an IRS negligence penalty

IRS negligence penalty: what is it and what to do?

The IRS negligence penalty is reserved for those taxpayers who submit their taxes in an improper way or, more commonly,…

person thinking on how student loans impact your taxes

How do student loans impact your taxes?

These days, it is almost impossible to attend college without a student loan. But did you know that these loans…

person browsing a garage sale

Garage sales and income tax

Garage sales might not be as prominent as they once were, what with eBay, Craigslist, and Facebook marketplace offering a…

person explaining tax breaks for people with disabilities to another person

Guide to Tax Breaks for People With Disabilities

Being disabled makes you eligible for a number of tax breaks. However, it is not always "clear-cut" how to take…

paperwork for tax deductible moving expenses

Which moving expenses are tax deductible?

Moving to another home can be quite expensive, especially in the case of a long-distance move. It is no wonder,…

person doing measurements, symbolizing what you need to do when converting your primary residence to a rental property

Tax Implications of Converting Your Primary Residence to a Rental Property

With the housing market being as it is, it has never been more profitable to rent out your place. This…

a stack of tax forms and a post it with "need help?" on it representing tax tips for money-making hobbies

Tax Tips for Money-Making Hobbies

Making some money from your hobby is a fantastic feeling, all until you realize that you need to claim that…

stocks and taxes on stocks

Taxes on Stocks: What You Have To Pay and How To Pay Less

Investing in stocks is quite popular these days. The potential for profit is large and a savvy investor can make…

tax paperwork

10 Ways to Avoid a Tax Audit

If you are running a business, small or large, you never want to be a target of an IRS tax…

person researching student loan forgiveness

Student loan forgiveness – everything you need to know

Being a student these days is extremely expensive. That is why many students are all but forced to take a…