Tax Tips


Tax-Related Identity Theft
 

Tax-Related Identity Theft

Posted: October 12, 2017
Victims of tax-related identity theft may feel violated and the process of resolution may be frustrating, especially when tax refunds are delayed for many months. It is imperative that tax professionals educate clients and, to the extent possible, facilitate the resolution process.

Job Search Expenses Can be Tax Deductible
 

Job Search Expenses Can be Tax Deductible

Posted: August 25, 2017
Taxpayers who are looking for a new job that is in the same line of work may be able to deduct some job-hunting expenses on their federal income tax return, even if they don’t get a new job.

Moving Expenses May Be Deductible
 

Moving Expenses May Be Deductible

Posted: August 22, 2017
Taxpayers may be able to deduct certain expenses of moving to a new home because they started or changed job locations.


Helpful Tips to Know About Gambling Winnings and Losses
 

Helpful Tips to Know About Gambling Winnings and Losses

Posted: August 4, 2017
Taxpayers must report all gambling winnings as income. They must be able to itemize deductions to claim any gambling losses on their tax return. Taxpayers who gamble may find these tax tips helpful.

Income Taxes and Selling a Home
 

Income Taxes and Selling a Home

Posted: July 31, 2017
Homeowners may qualify to exclude from their income all or part of any gain from the sale of their main home. Here are tips to keep in mind when selling a home.