Blue-state professionals feel micro-targeted by new limits on state and local tax deductions, while filers elsewhere can’t figure out why they’re no longe...

Well, a §645 election allows the executor of an estate and the trustee of a revocable trust to elect to treat the estate and the trust as one for tax purp...

Short-term investments: Safe but lower yield You likely won’t be able to earn as much in a short-term investment as you would in a long-term investment. I...

Only earned income can be contributed to a Roth IRA. You can contribute to a Roth IRA only if your income is less than a certain amount. The maximum contr...

What many people don’t know is that your credit report can affect your chances of getting hired, too. A CareerBuilder survey found that 72 percent of empl...

Most small trucking companies and independent owner operators choose to register as an LLC, which stands for Limited Liability Corporation. An LLC is like...

If there are obvious problems but the seller did not disclose them (a leaking roof, cracked foundation, or shoddy electrical work), a court might rule tha...

Annual exemption You can give away a total of £3,000 worth of gifts each tax year without them being added to the value of your estate. This is known as y...

How much you’ll earn varies by state, along with eligibility requirements. For the most part, unemployment means you’ve lost a job through no fault of you...

Quantifiable benefits (increased revenues or additional cost savings) have been provided where they could be estimated. Quantifiable benefits are all outp...