This video was published by the IRS. Do you have a mortgage or home equity loan? If so, you need to know that tax reform changes affect the tax deduction for mortgage interest. The first change is you can deduct interest only for loans that were used to buy, build, or substantially improve your main [...]
Striking it big with the lottery is a dream for many, but a reality for few. But the fact is, you are far more likely to receive a sudden windfall of money from another source than the lottery. Whether it be an inheritance, a bonus at work, or a tax refund, it is [...]
The Individual Taxpayer Identification Program (or ITIN for short) is for people who must file or pay U.S. taxes but who are not eligible for a SSN. A change in the law required ITINs issued before 2013 to expire, and the IRS is renewing them over several years based on their middle digits. [...]
Did you know that you can move funds from your Individual Retirement Arrangement and retirement plan to another IRA or plan? There are two ways to do so: you can have the funds directly transferred from one account to another IRA account or plan, or you can have a check sent directly to [...]
Saving money is important, and paying yourself first is one of the best ways to accomplish that. This allows you to set money aside for emergencies, and even plan for long-term goals. But not everyone knows the best way to save. It is easy to get caught up paying bills and expenses, and [...]
