Don’t Rush Your Retirement Plan Rollover When you change employers, you typically have several options for your retirement savings: Leave the money where it is, roll it into an individual retirement account, move it into a new employer’s plan...
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What’s the Deal With Business Records? Choosing the right recordkeeping system matters because you need a clear summary of every transaction your business makes. Most small-business owners keep this information in accounting journals and ledgers that reflect gross income...
Top Tax Scams for 2026 The IRS has released its annual “Dirty Dozen” list of tax scams to educate taxpayers about tax and finance fraud — especially identity theft schemes. The outreach effort reminds taxpayers, businesses and tax professionals...
How Taxes Can Affect Your Home Sale You buy a home, the market booms and suddenly your property is worth a lot more than you paid for it. If you sell within a year, though, the IRS classifies those...
IRS Gives Guidance on Getting Ready for the 2026 Tax Season The IRS Get Ready campaign offers tips, reminders and new information on what you need to prepare for the 2026 tax filing season. Among the changes and additions...
Mistakes To Avoid When Rolling Over Your IRA Congratulations! You’ve landed a new job and can’t wait to begin. After the farewells have been said, it will be time to roll over the retirement funds from your old job...
Get Ahead on Your 2025 Taxes The 2025 tax year brings new opportunities — and some complexities — under the One Big Beautiful Bill Act. The law made many temporary provisions permanent, added new ones set to expire in...
The Augusta Rule: A Special Tax Break Originally created to protect the residents in Augusta, Georgia, who rented out their homes to attendees of the annual Masters Tournament, the Augusta Rule dates back to the 1970s. At that time,...
Tax Tips for Newlyweds Marriage brings many changes, including how you interact with government agencies. Taking care of tax-related paperwork early can prevent headaches later and ensure you get the full benefits of your new filing status. Update your...
Whether you have a simple or complicated tax situation, it’s worth knowing what tax benefits the IRS provides to members of the military, veterans and their families. These include the following: See the Military Family Tax Benefits page on IRS.gov for...