The tax law is a moving target. If you look at any given moment, you’ll see rules that may disappear at a later glance. In the past several months, JKLasser.com has been asked about each of the foll...
Tax Returns
Winter blizzards, spring tornadoes, summer hurricanes, fall wildfires—disasters can occur at any time, and despite precautions, you may suffer a financial disaster because of Mother Nature. Tax reli...
Health care costs may not be increasing at the same pace as in prior years, but costs for most people have not gone down. One solution for finding more affordable health coverage, especially for those...
That may be the conclusion you reach when you see the tax breaks limited to those of a certain age: Medical and dental expenses. While most taxpayers can itemize these costs only if the total excee...
If you eagerly filed your 2013 income tax return but have more information or concerns now and need or want to amend it, determine whether to do so and how. Must you file an amended return? If you ...
Higher education pays off in greater lifetime earnings, says the U.S. Census Bureau (https://www.census.gov/prod/2002pubs/p23-210.pdf). But higher education isn’t cheap, and most students and their ...
Some tax deadlines are carved in stone, but others may be written in pencil and can be changed under the right circumstances. If you need more time to file your 2013 income tax return, all you have to...
There are two personal tax-advantaged ways to save for retirement: an IRA, which may be deductible or nondeductible (“traditional IRA”), and a Roth IRA, which is made with after-tax dollars. These...
Income that the tax law exempts is the best type to receive. This income becomes more valuable as your tax bracket increases. The following is a list of tax-free income that you may be entitled to. Be...
Each year, the IRS sets standard mileage rates for various types of travel. The rates can be used to figure the cost of the driving rather than keeping track of your actual car expenses. However, you ...
