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If you rent a home to others, you usually must report the rental income on your tax return. However, you may not have to report the rent you get if the rental period is short and you also use...
To mark National Hurricane Preparedness Week, the IRS wants you to know it stands ready to help. If you suffer damage to your home or personal property, you may be able to deduct the losses you incur on your...
The term “capital asset” for tax purposes applies to almost everything you own and use for personal or investment purposes. A capital gain or loss occurs when you sell a capital asset. Here are 10 facts from the IRS...
Now that you’ve survived the holiday season, tax season is looming. Make sure you’re prepared for the upcoming chaos with these helpful tips, and our handy guide. Checklist — Make a list of all the people and places you...
