When it comes to retirement many Americans believe they can count on their full Social Security benefits as a core element of income.
While 2012 winds down, there is still time to reduce your tax burden. Here are six ideas that can save money for most of us.
Each year standard mileage rates are set by the IRS. For 2012 they are:
Years ago, a family limited partnership (FLP) was little more than a clever loophole used almost exclusively by wealthy persons. But the FLP's mystique has diminished in recent years, making it a popular and effective estate-planning tool for many.
Present value cash flow calculations for economic damages should be performed on an after-tax basis, regardless of whether the damages award will be subject to taxation
The Internal Revenue Service (IRS) now keeps a close eye on charities and social welfare organizations to ensure that their tax-exempt status is not abused. One of the primary factors the IRS now examines is the amounts of compensation and benefits provided by charities to their key employees