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Did you know that around three quarters of business owners use personal money to fund their budding businesses? Read on to learn about the costs you can deduct in your first business year, the limits on how much you can deduct, and what happens if your potential business fails to get off the ground Read More

There are only two things that are sure in this world - death and taxes. We list 10 tax experts in the forms of agencies, accounting companies, IRS experts and tax gurus that you must follow on Twitter now - because what better way to keep abreast with information than social media? Read More

Raising sales taxes is one way cities, counties, and states can raise revenue. However, sales taxes that are too high can actually discourage consumption and economic growth. Read More

When you have a sales tax question, finding the right person to ask can be an epic feat in itself. We've put together a list of exactly what numbers to call and which buttons to push to get you to a real person at every state's taxing authority. No more phone mazes, no more worrying about sales tax Read More

If you have a job that takes you around the world, such as being an airline pilot or working on a cruise ship, you might find yourself stuck with a very complex tax return that requires very specific records.
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If my son ever has a taxable investment account, and he earns money from dividends or interest while he’s still a dependent, we might be subject to the kiddie tax. Read More

Whether you are getting ready to pay quarterly taxes, or whether you just want to make sure you get all the deductions and credits you are eligible for, it makes sense to look ahead now, so you aren’t scrambling come January. Read More

There is another loophole that allows companies to pay less in US taxes while pulling in profits. This loophole is known as “inversion.” Read More

Many people in the middle to upper middle class can do a little tax planning to reduce tax liability and pay less. Here are some of the more common tax planning moves: Read More