Taxes on Foreclosed Homes
Tuesday August 28, 2007
"Losing your house is bad enough. Owing Uncle Sam money in connection with your now-gone abode is the epitome of insult to injury," writes tax journalist Kay Bell over at ... Read More
Update on the Hybrid Tax Credit
Tuesday August 28, 2007
Taxpayers can get a tax credit for buying a hybrid vehicle. Officially known as the Alternative Motor Vehicle Credit, the tax break is available for people and businesses who purchase ... Read More
Understanding Capital Gains
Tuesday August 21, 2007
Stocks and mutual funds can generate profits or losses for investors. Profits can be taxed at lower tax rates than ordinary income, and losses can offset profits or generate a ... Read More
No Need to File a Second Extension
Friday August 10, 2007
It used to be that taxpayers would file an extension by April 15th, and then a second extension by August 15th. Why? Because the first extension was good to extend ... Read More

