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Tax Planning:

Articles

General tax planning

Am I having enough withheld?

Choosing an income tax filing status

Help! I can't pay my tax bill

Income tax planning and 529 plans

Surviving an audit

Tax benefits of home ownership

Tax planning for income

Tax planning for the self-employed

Taxation of investments

Year-end tax planning


Tax credits and deductions

Education tax credits

Personal deduction planning

Qualifying for the home office deduction

Understanding personal tax credits


Taxes and insurance

Income tax tips: business insurance

Tax planning for annuities

Tax planning tips: auto insurance

Tax planning tips: disability insurance

Tax planning tips: life insurance

Tax tips: health insurance

Tax tips: homeowners insurance

Tax tips: long-term care insurance


Decision Tools

General tax planning

Accelerating deductions/postponing Income

Accelerating income/postponing deductions

Federal individual income tax fundamentals

Remarriage with children: income tax considerations


Tax credits and deductions

Comparison of education tax credits and deductions

General business tax credits

Is my home mortgage interest fully deductible?

Tax credit sampler


FAQs

General tax planning

Am I having enough tax withheld from my paycheck?

Are my Social Security benefits subject to income tax?

Are scholarships and grants subject to federal income tax?

Do I have to file a federal income tax return?

Do I have to pay U.S. taxes when I work abroad?

How did the Jobs and Growth Tax Relief Reconciliation Act of 2003 change capital gains tax rates?

I don't have the cash to pay my taxes. What can I do?

I have investment property. What does basis mean, and how do I determine the basis of my property?

I received a state tax refund last year. Must I include that amount as income on my federal return this year?

My spouse passed away this year. When I file my taxes, what filing status should I claim?

What is my tax bracket?

What is the alternative minimum tax?

What is the basis of property received as a gift?

What is the kiddie tax?

What penalties and interest will I be charged for paying and filing my federal income taxes late?

What's the difference between an "injured spouse" and an "innocent spouse"?

Will I have to pay tax on my investment income?


Tax credits

Can I take the credit for the elderly or disabled?

Can I take the tax credit for child care?

Now that my child is in college, am I entitled to any education tax credits?

What are the Hope credit and the Lifetime Learning credit?

What is the child tax credit?

What is the difference between the child tax credit and the child and dependent care tax credit?

What is the earned income credit and who qualifies for it?


Tax deductions

Can I deduct home office expenses?

Can I deduct premiums paid for long-term care (LTC) insurance?

Can I deduct the cost of improvements or repairs I've made to my home?

How do I deduct and substantiate my gambling losses?

I paid my mother's real estate taxes last year. Can I deduct this on my tax return?

I refinanced my principal home last year and paid points. What are points, and can I deduct them on my tax return?

If I prepay next year's taxes this year, can I deduct them this year?

Is student loan interest deductible?

My spouse and I are filing separate returns. Can we both itemize our deductions? If so, how do we split the deductions?

My town has assessed against me a real estate betterment for new sewer lines installed in my street. May I deduct this amount on my tax return?

We just bought our first home. What can we deduct from the settlement statement?


Taxes and child support/alimony

Are alimony payments considered taxable income?

What are the tax implications of child support payments?


Taxes and home ownership

Can I deduct the cost of improvements or repairs I've made to my home?

How do I figure the tax on the sale of my home?

I refinanced my principal home last year and paid points. What are points, and can I deduct them on my tax return?

I rent my home out for two weeks each year. Do I have to show this rental income on my federal income tax return?

If I prepay next year's taxes this year, can I deduct them this year?

My town has assessed against me a real estate betterment for new sewer lines installed in my street. May I deduct this amount on my tax return?

We just bought our first home. What can we deduct from the settlement statement?


Taxes and insurance proceeds

Are life insurance proceeds income taxable?

I receive disability insurance payments. Are they taxable?


RESOURCES

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