Taxes

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Latest Taxes News

How Long You Have to Keep Tax Documents

Once tax season is over, it’s tempting to contemplate pushing every document into a shredder and going on your way…

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Retiring Abroad – Retirement Taxes, Medical Insurance & Other Considerations

N ext month, Matt Palmer, 60, and Lisa Barr, 63, a retired couple from Quincy, Mass., and Penni, their six-year-old…

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How to Donate to Charity With Money From Your IRA

The IRS allows, and even encourages, charitable donations from tax-advantaged retirement accounts such as an IRA. Not only can this…

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U.S. Olympic Athletes Are Going For The Gold In Paris—And It Could Be Tax-Free

The opening ceremony of the 2024 Paris Summer Olympics is set, and the parade marking the event will be far…

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My Tax Preparer Made a Mistake: What Can I Do?

By law, you are responsible for your own tax return. This is true even if you hire someone else to…

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Our Olympic-Sized Tax Edition Looks At The Games

This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…

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What Documents Do I Need to File My LLC Taxes?

If you are the owner of an LLC and want to file the correct tax return for your business, the…

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No Tax On Tips? Be Careful What You Wish For

Donald Trump, our once and possibly future president, has been speaking about his idea to eliminate taxes on tips. He…

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I’m Receiving $3,500 Per Month From Social Security. How Can I Reduce My Taxes?

Social Security can generate real income.The more you earned during your working life, up to each year’s income caps, the…

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Available Education Tax Credits You Can Claim

For students and their parents, there are two tax credits that can help with the costs of higher education. The…

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