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February 2016 Archives

Tales of creative tax deductions (warning: results not typical)

Earlier this month, we wrote about some of the weirder sources of income that all of us are technically supposed to report to the IRS. Naturally, it is frustrating to learn that your tax liabilities could be even higher than they already are (even if most of the aforementioned reporting requirements cannot really be enforced).

California's new 'transfer on death' deed: How does it work?

For most of us, there are no satisfactory alternatives to estate planning. It is almost always the best way to ensure that your property and assets go where you want them to, and that your end-of-life wishes are recorded and honored.

The weird list of income sources the IRS wants you to report

Federal tax returns are due in about two months. If you work a job that takes care of income withholding throughout the year, chances are good that your taxes will not be very complicated. If you are an independent contractor or run your own business, however, filing a return can be more of a headache.

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