Bunching Tax Deductions to Meet the Threshold for Itemizing

If you don't meet the threshold for itemizing, consider these strategies for timing expenses to increase your deductions.

Tax Tips for the Newly Married

Follow these simple steps to avoid problems at tax time.

Tax Tips for Workers Who Earn Tips

Find out what constitutes a tip and your reporting and recording obligations for tips.

Tax Tips for the Unemployed

Here are some tax tips you'll want to know if you're unemployed.

Using the Dependency Exemption For a Non-Relative

Almost anyone who lives with you and you support, and who is not someone else’s dependent, can be a “qualifying relative” and qualify as your dependent.

Wealthy Couples Can Save on Taxes If They Divorce

Extremely wealth married couples with roughly equal incomes pay more in taxes than they would if they were single.

The New Tax Law Contains a Marriage Penalty

Learn about the two marriage penalties contained in the new tax law.

Is Unemployment Insurance Taxable Income?

This may come as a surprise to many, but unemployment benefits generally are taxable.

Are Disability Pensions and Benefits Taxable Income?

Not always, but many disability-related payments are taxable income.

Calculating Your Tax Withholding

What employees need to know to determine their withholding allowances on their W-4.

Taxes When You Sell Things Online

Find out what your tax reporting obligations are if you sell something online.

Are Merit Awards Taxable?

Usually, yes-- although there are ways to avoid owing taxes by giving the money away.

How to Avoid Estimated Tax Penalties

Learn what estimated tax penalties are and how to avoid them.

Bitcoins and Tax Liability

Will you owe income tax on profits earned from Bitcoins -- the online digital currency? Yes; learn when and why.

Payments Received for Donating Human Eggs Is Taxable Income

Court decides that payments egg donors receive are for the egg donors’ personal services and are fully taxable income.

Do You Need to Pay the Nanny Tax?

The answer depends on how your hire your nanny and much you pay the person.

Taxes When You Hire a Nanny

Make sure you understand the payroll tax rules if you hire a nanny.

Independent Contractors Must Pay Self-Employment Taxes

If you have a second job as an independent contractor, you'll have to pay self-employment taxes on the income you receive.

Understanding the Alternative Minimum Tax

More and more people each year are subject to the AMT: Know the rules.

How a Resident Alien Is Taxed

Just because you're not a U.S. citizen doesn't mean you don't owe taxes to the IRS. Whether or not you owe taxes depends on how much time you spend in the U.S.

IRS Reporting Rules for Foreign Bank Accounts (FBAR)

Don't miss the annual FBAR deadline for reporting foreign bank accounts--the penalties can be severe.

Are Tax Preperation Services Any Good?

Whether you hire a CPA, enrolled agent, large commercial tax preparer, or self-employed tax preparer, it's up to you to make sure your return is prepared properly.

IRS Direct Pay System For Online Payments

The IRS's new online payment system makes it easier than ever to pay your taxes.

The IRS Direct Deposit Tax Refund Option

Whether you hire a CPA, enrolled agent, large commercial tax preparer, or self-employed tax preparer, it's up to you to make sure your return is prepared properly.

Can I Pay My Taxes With a Credit Card?

Paying by credit card may be convenient but learn why it's generally not a good idea.