Personal Taxes

Learn how to save, find some little-known deductions, get the latest in tax breaks, and more in our Personal Taxes articles section.

Do I Need to File a Tax Return for an LLC With No Activity?

Even if your LLC didn’t do any business last year, you may still have to file a federal tax return.

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Reduce Self-Employment Taxes with a Corporation or LLC

If you’re self-employed, you know self-employment taxes take a big bite out of your income. You might be able to reduce those taxes by setting up a…

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Charitable Contributions: How Much Can You Write Off?

They are wonderful for helping others, but how much do charitable contributions really do for your tax return?

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10 Ways to Avoid a Tax Audit

Are you inviting an audit? There's no guaranteed way to avoid an audit, but we'll show you the IRS's red flags and how to avoid them so you can…

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How New Tax Laws Affect Your New Baby

Beyond the obvious joys associated with bringing home a new baby, the newest member of your family also comes with a tax benefit. So, while you're…

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7 Questions to Ask When You're Vetting a Tax Lawyer

Tax lawyers can help you through a tax controversy—or help you avoid one by carefully planning your estate or business. But to get the right lawyer…

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6 Tax Tips for Successful Retirement Planning

While it's great to daydream about retirement, it pays to plan ahead.

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Hosting Short-Term Rentals on Airbnb or VRBO: A Tax Primer

Renting out a private room, apartment, or even an entire home, can be a great way to make some extra income—as long as you weigh the tax implications.

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Personal Taxes vs. Business Taxes: What are the biggest differences?

Can you save more money paying business taxes with your income taxes or by keeping them separate? It depends on some specifics of your business.

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Using Form 1040X to Amend Your Tax Return

It's such a relief when your taxes are filed. So it's no fun to discover you forgot to include some of your income. Understanding the 1040X form can…

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