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Pay attention or you could lose all or part of this $250,000 or more tax deduction!

Keep Track of Home Improvements - The large gain exclusion creates a tax risk When does a tax benefit not become a tax benefit? When you assume you no longer need to keep track of something. This is the case with the home gain exclusion.

Getting your tax refund quickly is on the minds of millions this time of year. Here is what to expect and how you can keep track of yours.

Anticipating your Refund - What you should know Once your tax return is filed, it is often a waiting game to get your refund. Here is what to expect AND what you can do to keep track of your refund status.

Some audits are unavoidable, but many are by being thorough and prepared WHEN you file your tax return. Here are some suggestions.

Audit Proof Your Tax Return Here are ideas to avoid some of the more common audit triggers.

New rules for deducting mortgage interest are causing confusion and adding additional documentation. It's more important than ever to understand the numbers on your tax forms.

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Filing your tax return may be delayed if you're missing these items. Read more here. Also learn how to build your emergency fund when money is scarce, and moves to consider when interest rates change.

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Time is short to file your S corporation or partnership tax return. The due date is March 15. Here's why you need to file on time.

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Year end is a great time to make sure your tax deductions have the documentation necessary to prove your deduction.

No Check! Where's Your Proof? - What you need to do NOW! Very few banks return your cancelled checks. So what do you need to do if required by the IRS to prove your deductions? Often this means staying ahead of the game at year-end.

To avoid capital gains tax on the sale of your primary residence, you must have owned and lived in it for at least two of the past five years.

The $500,000 Homeowner Tax Break - Understand the rules now to avoid a tax surprise later The possibility of capital gains tax should be understood before selling your residence. Tax surprises here could be costly!

Your tax return is STUCK. Here are the common reasons...

Common Missing Items = DELAYS - Review these common causes of filing delays One of the most frustrating things during tax season for taxpayers AND professionals alike, is delays in filing your return. Here are the most common causes for delays.

If something of value changes hands, you can bet the IRS considers a way to tax it. Here are six taxable items that might surprise you. Also consider these tips to improve your credit score.

_Your Tax Newsletter: February 2024 Tax surprises are never fun, especially when they occur when you’re preparing a tax return. In this month’s newsletter, read about six surprising items that you may not know are taxed. Also read through several tips for improving your credit score, avoiding penalties when withdrawing fro...

Hint. This simple review can readily lower your taxes.

The Paycheck Tax Tip - A great place to lower your taxes One of the most often overlooked places to lower your taxes is your paycheck. Here are some tips.

Now is the time for tax-related identity theft. Be on alert!

IRS Identity Theft Season Begins Now Be on your guard as the IRS identity theft season starts in late January. Here's what you need to know.