If I have one pet peeve when it comes to IRAs, it’s when some…
Personal Taxes
Tax Basics
What are taxes?
Taxes are money collected by the government for the purpose of funding government operations
How do you file taxes?
For some, filing taxes can be a breeze, for others it can be a nightmare. Read our articles below to find out the best tax advice for your situation.
Latest in Personal Taxes
September 23, 2021What Is Adjusted Gross Income?
Adjusted gross income (AGI) is a taxpayer’s gross income minus certain adjustments to income…
September 20, 2021Paying for College: A Guide to Section 529 Plans
Section 529 plans are tax-deferred savings plans that have been around since 1996. They…
September 19, 2021Are Credit Card Rewards Taxable?
Credit card rewards are great, but do you have to pay taxes on them?…
September 17, 2021Below Market Rent: Tax Consequences of Renting Below Fair Market Value
Most people who invest in rental property do so with a profit motive, oftentimes…
September 17, 2021How to File Taxes for Free: The Complete Guide
Nobody likes to file taxes, but it’s something everyone has to do. If you…
September 17, 20215 Tax Breaks for Students to Lower Tuition Expenses
During the 2021-2022 school year, the average college tuition amounts to $38,185 at private…
September 17, 2021Why CPAs Hate Writing Comfort Letters to Verify Self-Employment for Mortgage
If you’ve been a CPA, EA, or otherwise a tax preparer for any length…
September 17, 20211031 Exchange Rules 2021: What Is a 1031 Exchange?
I’ve come across a lot of folks who have held rental or investment property…
