The tax giant cut ties with the IRS Free File program for 2022.
The New York attorney general’s office says former President Donald Trump’s company used “fraudulent or misleading” asset valuations to get lo…
The IRS said Monday it would start accepting 2021 federal tax returns on Monday, January 24.
Age brings unique opportunities and obligations, including some important year-end tasks that can help you make the most of your money. For people 50 and older, here are some to…
The current enhanced child tax credit benefits are worth up to $3,600 per child.
Q: My dad purchased an investment property in 2006 for $150,000. He put my name as joint owner with him. His intent was for me to become the sole owner of the property after his death. He died late last year. Prior to his death, he managed the property and did everything that had to do with the property. He took all the tax benefits and tax deductions having to do with it.
The changes affect the tax returns most Americans will submit in spring 2023.
ALBANY — As Gov. Kathy Hochul's administration assembles a proposed state budget, progressive activists who favor higher taxes on wealthy New …
We have heard from a number of readers regarding the mention of elder abuse in a recent column, and one reader suggested reporting the abuser to the IRS.
Q: My wife’s youngest daughter is concerned about how we have set up our estate. We own three properties in Southern California and use two as rentals to supplement our retirement. All three properties are held in our living trust.
Q: We have two combined lots that we bought in 1984 for a total cost of about $50,000. A 100-year old cottage sits on one lot and the other lot is a landscaped garden with no structures. Over the past 37 years, we have spent quite a bit of money on landscaping, fencing, a new roof, a new garage and a complete gut job to the main floor and attic of the house.
Q: I divorced my husband two years ago. He signed a quitclaim deed giving me the house. There is a loan on the home, but my name was never on the loan.
Q: Two year ago, I relocated for my company and rented out my primary residence. My initial plan was for this to be temporary and to eventually move back into the property. However, my move is turning into a long-term assignment and I am planning on keeping the property as a rental.
Q: My mother put me on the deed to a house she purchased five years ago. Recently, she has decided that she wants to sell the house to buy a smaller house in a nearby town. The house has been her primary residence for the last five years, but not mine. I live three hours away.
President Joe Biden is getting ready to spend the autumn fighting for tax increases on the wealthy and corporations. Source by: Stringr
Municipality: Onondaga County
Here are some financial to-do’s to tackle this fall. Also, check out more of this week's best money tips from experts.