Do you earn a lot of money? Great. But with big money can come big taxes. Fortunately, there are many ways high earners can reduce the taxes on their income. Here are five tax saving tips that ...Read more
When you’re self-employed you have lots of ways to save on your income taxes. Sometimes these work so well you end up owing little or no income tax for the year. This can be so even though you have ...Read more
If you are a U.S. veteran, the debt of gratitude your country owes you can never be repaid. The IRS understands the difficulty you may have readjusting to civilian life, especially if ...Read more
If you’re a self-employed homeowner, can you deduct your home mortgage interest from your taxes? Maybe… maybe not. Being self-employed in no way prevents you from taking this deduciton. But ...Read more
Millions of Americans are drowning in student loan debt. There are more than 44 million student loan borrowers. They each owe on average $37,172. That’s the bad news. But there is some good news ...Read more
If you’re a parent or have dependents, you need to know about the child tax credit. It can save you thousands of dollars on your taxes. Moreover, as a result of tax reform, far more people can get ...Read more
Many types of businesses must obtain a special tax identification number from the IRS. If you have a business or are self-employed, you need to know: What is a business tax ID number?Why is ...Read more