Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as a partnership for tax purposes. A major reason

Having a high income may mean you owe two extra taxes: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on

Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain

Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and employees, and as a

Many Americans receive disability income. Are you one of them, or will you soon be? If so, you may ask: Is the income taxed and

Federal estimated tax payments are designed to ensure that certain individuals pay their fair share of taxes throughout the year. If you don’t have enough

Savings bonds are purchased by many Americans, often as a way to help fund college or show their patriotism. Series EE bonds, which replaced Series

Divorce entails difficult personal issues, and taxes are probably the farthest thing from your mind. However, several tax concerns may need to be addressed to

If you’re selling property used in your trade or business, you should understand the tax implications. There are many complex rules that can potentially apply.