Adam Krause



akrause

Adam Krause is a contributor for IRS.com.

Author's Latest

  • January 17, 2012

    Most Americans dread filing their income taxes every year, even as it has become easier and easier to file taxes online.

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  • January 17, 2012

    Tax preparation can be daunting for anyone.

    Fortunately, there are several ways to make the tax preparation process for an individual tax return go more smoothly.

    You could look into using an online tax preparation service, some of...

  • January 16, 2012

    If you file your income taxes as an individual, you might miss out on many of the tax strategies and advantages available to businesses....

  • January 16, 2012

    A personal exemption, in theory, is equivalent to the minimum amount a person would need to get by on at a subsistence level. The idea is that a citizen’s basic subsistence should be exempt from income tax. Of course, the personal exemption...

  • August 17, 2010

    Making wise investments is vital to providing for your family and ensuring a comfortable retirement. However, the taxes you pay on those investments can be tremendous. Fortunately, there are several ways to limit your tax liability while still...

  • August 17, 2010

    Appreciating investments are investments that rise in value while yielding no income to you. If you have an investment from which you receive no income (e.g., your estate or a piece of art), it may increase in value over time but...

  • August 17, 2010

    Making an investment in a small business is a great way to encourage entrepreneurship and stimulate an important sector of the economy. It can also give you a...

  • August 17, 2010

    Bonds (also known as debt securities, bills, or notes) are like I.O.U.s from a corporation or government agency. You lend them money for a specific duration ? at least a year, and generally no more than 30 years ? with a specified rate of...

  • August 17, 2010

    A mutual fund is basically an investment fund, managed by professionals, that pays yearly dividends to its investors when it realizes capital gains. More specifically, a mutual fund is a pool of investors sharing the net gains and losses from...

  • August 17, 2010

    Mutual funds, bonds, and homeownership: all of these are great investment vehicles to ensure security for your future. But before you get ready to collect on any high-earning investments, it’s important to understand how investments are taxed and...