Solutions to Make Better Decisions with Your Money

Weekly Favorites: Moving Expenses Tax Deduction, What Is Sequestration, $917 Million Unclaimed Taxes, Capital Gains Tax

Weekly Favorites: March 15, 2013 - TaxACT

Weekly Favorites: March 15, 2013 Moving Expenses Tax Deduction: What’s Deductible and Nondeductible? via Sally Herigstad In this tough economy, many Americans are moving to find work. They can offset some of the expense of packing up for greener pastures by taking a tax deduction for moving expenses. Continue reading… What Is Sequestration – Definition […]

Long-Term Capital Gains: How Much Tax Will I Owe?

Long-Term Capital Gains: How Much Tax Will I Owe?

Did you sell a house, some investments, or even a car this year that you may need to report as the sale of a capital asset? If you sold an asset, possibly at a profit, you’ll generally pay less tax on the gain than you would pay on ordinary income, such as wages. You must […]