Taxes
Winning the lottery can create instant wealth, but it also introduces immediate tax considerations. U.S. tax law generally treats lottery…
Custodial accounts are a common way for parents and grandparents to save or invest on behalf of a minor, but…
Selling a home below its fair market value can trigger tax considerations that go beyond a standard real estate transaction.…
The tax implications of a parent living with you depend on several factors, including financial support, income levels and household…
Pulling money out of a trust can feel straightforward, but the tax consequences are often anything but. Depending on how…
When you sell stocks, exchange-traded funds (ETFs) or other equity investments for more than you paid, the profit is generally…
Federal income tax applies to most people who earn income in the U.S., but the tax code includes limited exceptions.…
If you’re scrambling to compile tax documents as the filing deadline approaches, you’re not alone. A tax extension can offer…
If the IRS notifies you of an audit, and you expected a tax return, you probably have a lot of…
Whether you can claim an adult child as a dependent on your taxes depends on their age, income and living…