When you decide to sell your home, you need to know what the cost basis of the home is, because it needs to be noted on your income tax return for the year you sell your home. When you are considering selling your home, taxes are probably not the first thing on your mind. Taxes [...]
Owning your own home is part of the American dream. But according to a recent Wall Street Journal article, owning a home is not always the best idea. Some Americans who cashed in on the $8,000 first-time home buyers credit before it expired in April 2010 got a bad deal. The credit pushed up sales [...]
You know what's better than a vacation? Having Uncle Sam pay for part of it. Stacy Johnson explains… Questions or comments? Use the comment link below to sound off.
We’ve all been guilty of it – we get a big tax refund check and run out to buy that big-screen plasma television we’ve been wanting, or take a trip to Mexico, or that new sofa you've been dreaming of adding to your sun room. Spending your tax refund check this way is one of [...]
The following is a guest post from Richard Barrington who writes for MoneyRates.com about financial topics including bank rates. His opinions do not necessarily reflect those of our company. Before you think about how qualified your tax preparer is, think about what’s riding on your tax return. On the upside, good tax advice can save [...]
Just because you have to file your taxes doesn't mean you have buy software… pay a professional… or necessarily do it yourself. Have you filed your 2010 taxes yet? Did you pay someone to do it, or do it yourself? We'd love to hear from you. Just click the comment link below to sound off.
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