One frequently overlooked tax benefit is the “spousal IRA.”
If you failed to report foreign assets on your recent tax return, the IRS’s Streamlined Voluntary Filing Compliance Program may be for you.
Selling a property one has owned for a long period of time will frequently result in a large capital gain, and reporting all of the gain in one year will generally expose the gain to higher than normal capital gains rates and subject the gain to the 3.8% surtax on net investment income added by […]
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This is the tool that helps you evaluate your financial situation in light of current laws to make sure that you get the benefit of all deductions.