Court Rules IRS Is Too Late To Audit, Win For Taxpayers

Tax returns are annual drudgery, but they matter. They matter for individuals, businesses and investment entities. Everybody must file one, or more than one, depending on how many entities you have. Y...

How To Claim Bad Debt Losses On Your Taxes

Money tree loses leaves getty Let’s say that, a few years ago, I individually made a sizable loan to a friend. Since there is no chance I will be repaid, can I report a tax deduction for the amount I ...