Divorce Advice for Taxpayers
Form 8958: Allocation of Tax Amounts Between Certain Individuals in Community Property States
IRS Form 8958 helps married couples who live in community property states split up income, deductions, and credits when filing separately. If you're not filing…
Married Filing Separately: What It Means and When It Makes Sense
When you’re married and preparing to file your taxes, you generally have two filing status options: married filing jointly or married filing separately. While most…
Taxable vs. Non-Taxable Income
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Taxable_vs_Non-Taxable_Income_Explained.mp4"][/video] Generally speaking, the IRS considers almost every type of income under the sun to be taxable income. No surprises there, right?…
Life Events That Can Impact Your Taxes
A change in life circumstances, whether good or bad, can affect your tax return. >> Start Your FREE E-file Here are some instances where you will…
Tips on handling alimony at tax time
The deduction for alimony is not limited to support payments. NEW YORK (MainStreet) — If you are paying alimony you may be able to…
Tax Tip: The head of household loophole you won’t want to use
One spouse in a married couple filing separate returns can file as 'Head of Household,' but the trick isn't a pleasant one. NEW YORK…
Filing Your Taxes After Divorce
Did you recently go through a divorce? In this case, you probably have some big questions on your mind, including: how do I file my…
Divorce Advice for Capital Gains Tax
Divorcing couples who own a home need to seek divorce advice from a tax professional to determine how capital gains tax may come into play. …
