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  1. Should you really be concerned about higher taxes in retirement? Yes, for most middle-income retirees the Tax Cuts and Jobs Act represents a significant tax cut. On Jan. 1, 2008 ...

  2. In December 2015, Section 7345 of the tax code gave the Internal Revenue Service the ability to revoke your passport for nonpayment of taxes. Back in January, the IRS finally started ...

  3. Taxes may be inevitable, but taxpayers have some some wiggle room with when they file their returns. This year, the IRS opened its filing window in late January and won't close ...

  4. "If you file married filing separately, the income limits are really low" for the various tax brackets, notes Edward Vargo, a certified financial planner whose Burning River Advisory ...

  5. Everyone loves getting something back from Uncle Sam this time of year. Think twice before you celebrate that small windfall.

  6. If, for example, a lender wrote off $100,000 as part of a short-sale arrangement, the IRS could demand income taxes on that $100,000, despite the fact that the sellers had ...

  7. Often, taxpayers may not realize that they owe taxes on income for work that doesn’t generate any IRS paperwork. That can prove costly. Although Americans who don’t pay ...

  8. Less than 1% of tax returns get audited by the IRS, but this percentage varies significantly depending on several factors. There are several "red flags" that the IRS looks for ...

  9. The most immediate impact likely will be on how organizations apply the standard known as IAS 12 Income Taxes in light of the U.S. tax law changes. The legislation reduced the ...

  10. Here's what he said, staring with what the most common questions he hears, followed by his responses. "What should be done about the new combined $10,000 limit on state income, sales ...

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