Understanding tax strategies and managing your tax bill should be part of any sound financial approach. Some taxes can be deferred, and others can be managed through tax-efficient investing. With careful and consistent preparation, you may be able to manage the impact of taxes on your financial efforts.
Have you explored all your options when it comes to managing your taxable income?
Will You Pay the AMT?
Despite recent tax-law changes, many Americans are expected to pay the AMT this year.
What If You Get Audited?
The chances of an IRS audit aren't that high. And being audited does not necessarily imply that the IRS suspects wrongdoing.
What Is a 1035 Exchange?
1035 exchanges provide a way to trade-in an annuity contract or life insurance policy without triggering a tax liability.
The tax rules that govern donating art are complex and confusing. Take a closer look.
For homeowners who think their property taxes are too high, there are ways to appeal.
Like it or not, taxes are part of life. Understanding them could help your tax-saving strategy.
Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative.
A quick look at how federal income taxes work.
An inside look at how marginal income tax brackets work.