Section 179 depreciation, a tax provision that currently allows taxpayers to write-off up to $500,000 for 2016 ($510,000 for 2017), has been around long enough that you may think you’re very familiar with the rules. Here’s a quiz to check your knowledge.
Each December, the IRS gets a holiday gift from the National Taxpayer Advocate in the form of a presentation to congress that sums up what’s working – and what’s not.
When you think of unrelated business taxable income, thoughts of pasta may not come to mind.
Art may have no rules, but the Internal Revenue Service does, and some of those rules are about works of art.
Do you have a backup plan? The IRS does too.
According to the old saying, information wants to be free.
Depending on which myth you chose to believe, your double is roaming the world searching for you, either with a desire to complete you or to do you evil.
Like the ubiquitous Kilroy of World War II fame, tax law seems to be everywhere. Here are two examples of tax rules popping up where you might not expect them.
The food pyramid, an old-school nutrition guide issued by the US government, disappeared in 2011. But if your reading diet includes IRS documents, you’re in luck.
Given the year IRAs were introduced, you may have had access to these retirement accounts your entire working life. But how much do you really know about IRAs?