Tags » Tax Tips

Helping an Adult Child Buy a Home

This article was originally published in Hershey Advisors’ monthly Tax and Business Alert.

Economic and tax considerations make right now a good time for parents (and grandparents) who are willing and able to help their adult children buy a home. 442 more words

Tax Tips

Ten Facts That You Should Know about Capital Gains and Losses

The following is the IRS Tax Tip 2015-21:

en you sell a capital asset the sale results in a capital gain or loss. A capital asset includes most property you own for personal use or own as an investment. 460 more words

Tax Tips

How to Get a Copy of Your Prior Year Tax Information

The following is the IRS Tax Tip 2015-17:

There are many reasons you may need a copy of your tax return information from a prior year. 445 more words

Tax Tips

IRS to Parents: Don’t Miss Out on These Tax Savers

The following is the IRS Tax Tip 2015-14:

Children may help reduce the amount of taxes owed for the year. If you’re a parent, here are several tax benefits you should look for when you file your federal tax return: 467 more words

Tax Tips

First Time Filer? 4 Tax Tips to Get Your Biggest Tax Refund

A new year also means we’re in refund season once again. If you are a first time filer, there are things you can do before you sit down to… 720 more words

Tax Planning

What You Should Know if You Get Tipped at Work

The following is the IRS Tax Tip 2015-13:

If you get tips on the job, you should know some things about tips and taxes. Here are a few tips from the IRS to help you file and report your tip income correctly: 224 more words

Tax Tips

Tax Tips for 2015 Tax Filing

‪#‎TaxTip‬: If you notice a mistake on your W2 or 1099 forms, it’s important that you not just correct the mistake on your own tax return, but have your employer or financial institution file an amended information return. 26 more words

Tax Tips