Contents What Is Taxable Income? Taxable income is the amount of money, in earned income and unearned income, that creates a potential tax liability. What Is Earned Income? Earned taxable income is an...
Tag: Money Basics
Five Last-Minute Tax Deductions – TheStreet
2022 has been a bumpy ride for Americans, with a roiling economy, angst over viruses, surging numbers of layoffs, a lackluster stock market,, and a general downward tilt in consumer confidence. Weary ...
How to Get Uncle Sam to Contribute to Your Retirement Savings
What is the Savers Credit? And how do you qualify for this special tax credit? Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Pa...
10+ Frequently Asked Tax Questions – Top CPAs Answer
Are you looking for some good summer reading? TheStreet has you covered with tax tips from some of the leading CPAs and tax experts across the country. Contents Make sure you bookmark this page, we&...
Top Tax Write-offs for the Self-Employed
With self-employment comes freedom, responsibility, and a lot of expense. While most self-employed people celebrate the first two, they cringe at the latter, especially at tax time. They might not be ...
Are State Tax Refunds Taxable?
For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a F...
TurboTax: 5 Hidden Ways to Boost Your Tax Refund
Subscribe: Apple Podcasts | Spotify | iHeartRadio While Americans may disagree on how the government spends their taxes, at tax time, many of us are looking for ways to pay no more than we owe — or ev...
What Is an IRS Tax Transcript and How Do I Request One?
Do you need information from a tax return you filed three years ago because you’re making a major purchase and the lender wants to see your tax history? Maybe you need to provide your adjusted g...