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Taxes
I’m Selling My House and Netting $480k. Can I Avoid Taxes While Downsizing for Retirement?
In most cases, when selling your primary residence you can exclude $500,000 of the gain…
How Senate Rules Could Slow Down Any GOP-Trump Tax Cuts
Soon after the 2024 elections results rolled in, the speculation began about what they might…
How TurboTax Is Using AI To Demystify Taxes For Spanish Speakers
Leer en Español With the tax deadline looming, the more than 40 million U.S. residents…
TurboTax Está Utilizando La IA Para Desmitificar La Declaración De Impuestos Para Los Hispanohablantes
Read in English El último dÃa para declarar impuestos se acerca, y los más de…
It’s Been Quite The Filing Season, But Tax Day Is Almost Here
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up…
IRS Gives Another Breather To Taxpayers Who Have Inherited IRAs
The IRS is offering a breather for taxpayers tied to certain specified required minimum distributions…
Tax Implications for Reverse Mortgages
A reverse mortgage can be a useful way to access the value of your home…
Who Will Benefit From O.J. Simpson’s Estate? It’s Complicated
Before he died from cancer at the age of 76 earlier this month, O.J. Simpson…
9 Common Tax Mistakes and How to Avoid Them
The more money you make, the higher your tax liability could be. And making a…
Understanding Form 8606 for IRA Taxes
If you use an IRA to save for retirement, IRS Form 8606 might be an…
IRS Whistleblower Littlejohn—Between Weaponizing And Whistleblowing
In the annals of modern whistleblowing, the name Charles Littlejohn is not likely first to…
What Is Net Investment Income and How Is It Taxed?
Net investment income (NII) is defined as the profit gained from investments after deducting certain…
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