Tax Refund Delayed!

Refund Delay? Understanding IRS Notice CP53E Executive Order 14247 requires federal disbursements, including income tax refunds, to migrate from paper to digital form. As can be imagined, this is causing some bottlenecks in receiving refunds. Through mid-March, 1.4...

Do You Need to File a Tax Return?

Do You Need to File a Tax Return? Getting this wrong can cost you. One of the more common tax questions is whether you need to file a federal tax return this year. The answer is: it depends. But not filing a tax return when you should can cost you plenty, especially...

Tax-Free Rental of Your Property

Most income you receive is taxable income that is reported to the federal and state tax authorities. However, renting out your home or vacation property on a short-term basis can be done tax-free if you follow the rules. The rule: If you receive rental income for less...