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Social Security: know the variables … run your math
Social Security: know the variables … run your math When to start taking Social Security Benefits is anything but simple. So where does one start? Start by understanding the key variables that can impact the amount you receive. Here are some of the keys.
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The Coverdell ESA Savings. Lost in the mix?
The Coverdell ESA Savings. Lost in the mix? Is this long standing tax advantaged education saving account worth the hassle? Perhaps. Here are some things to consider.
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Lifestyle Audits. A thing of the past?
Lifestyle Audits. A thing of the past? In the past if the IRS thought your lifestyle could not be supported by the income reported on your tax return, they could audit you. Is this practice now a thing of the past?
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Understanding Tax Terms: Depreciation Recapture
Understanding Tax Terms: Depreciation Recapture Too many taxpayers using a home office or having rental property are surprised by their tax bill when they sell their property. A little understood area of the tax code called depreciation recapture is often the culprit.
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