President Obama has signed into law the American Taxpayer Relief Act of 2012 that allows tax rates to rise on the nation's highest earners while also extending dozens of tax cuts for individuals and businesses. For a one page summary of certain highlights, read more....
Every year, the dollar amounts allowed for various federal tax benefits are subject to change based on inflation adjustments and legislation. Here are some important tax figures for 2013, compared with 2012, including the estate tax exemption, Social Security wage base, qualified retirement plan and...
There are tough requirements under federal tax law for deducting charitable gifts of property on your tax return. If you don't follow all the rules, you could lose a deduction. Learn more about the tax law as well as a specific court case highlighting some key concepts. Read...
