Tools & Forms
Do I need my babysitter’s Social Security number?
Mary Poppins might play hard ball if you ask for her social. Here's a spoonful of tax advice to help you get her on the…
The real cost of hiring a tax preparer
If a tax professional catches even one deduction or credit a taxpayer would have missed, it can easily justify the cost. NEW YORK (MainStreet) —…
How to avoid getting audited
The IRS has been stepping up its efforts to ensure that Americans are accurately reporting the taxes they owe. This means that the IRS is…
How much tax should I have withheld?
Withholding tax (also known as “payroll withholding”) is essentially income tax that is withheld from your wages and sent directly to the IRS by your…
Understanding and establishing ‘Material Participation’ for tax purposes
When it comes to your income taxes, U.S. tax law makes a distinction between different types of income — including income from passive investments and…
Special rules for deducting moving expenses
There are many costs associated with moving and they can really add up fast. Fortunately, if you are moving because of a new job, or…
Location matters when choosing a retirement home
When you retire, you may find that there are many options when it comes to choosing where to live out your golden years. Key factors…
Does it need to be said? Save your receipts for tax time
You may get a bigger tax deduction by using a tax table, but you'll never know unless you save your receipts and compare.NEW YORK (MainStreet)…
