The Internal Revenue Service has certified the hydrogen-fueled Honda FCX for a $12,000 tax credit. The 2005 and 2006 models of the car are eligible for the Qualified Fuel Cell ... Read More

Starting in 2010, the income limit on converting a traditional IRA to a Roth IRA will be removed. Many taxpayers are already planning ahead for this by funding non-deductible IRAs ... Read More

Myspace, the online community and music Web site, is planning a reality television show about the 2008 presidential elections. According to tax blogger Paul Caron of TaxProf Blog, "MySpace may ... Read More

Here's a new twist on an fake email pretending to come from the IRS. The email claims that "you are eligible to receive a tax refund of $93.82," and urges ... Read More

Investors who are saving for retirement through non-deductible IRAs might want to consider tax-managed mutual funds instead. At least that's the conclusion of an article by Murray Coleman over at ... Read More

The IRS has certified two Mazda sport utility vehicles for the hybrid tax credit. Here's the tax credit amounts: $3,000 for the 2008 Mazda Tribute 2WD Hybrid, and $2,200 for the 2008 ... Read More

I found two great tax strategies in the July edition of Kay Bell's Carnival of Tax. First, the blog DebtFree reminds us that for tax years 2008 and 2009, the ... Read More

Landlords might be able to manage their properties and collect rents using a new online software called Buildium. Shelley Elmblad introduced the software in her blog at About Financial Software. ... Read More

Many clients and readers ask me which business expenses are deductible on their taxes? The short answer is that most business expenses are fully deductible against business income. And that's ... Read More