Tag Archives for " tax breaks "

CARES Act Lets You Withdraw Up To $100K From Retirement Plans

  • July 31, 2020

The Internal Revenue Service recently posted a reminder that the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help eligible taxpayers in need by providing favorable tax treatment for

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10 Things You May Not Know Are Taxable

  • March 28, 2019

If you work for a living, you know that your wages are taxable, and you’re probably aware that some investment income is taxed, too. But the IRS doesn’t stop there.If you’ve picked up some extra

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Nice-Try Tax Breaks Rejected by the IRS

  • January 20, 2019

Over the years, taxpayers have concocted a lot of zany arguments to justify their tax breaks. Here are some of the most creative ones that the courts decided did not quite work. Take note: many of these

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