Filing taxes is already stressful enough, and it is even more so if you find you owe the IRS money. As the number of people who owe a tax bill at the end of the year increases and household budgets ...

The real estate professional status (REPS) is a tax designation under the U.S. tax code that can provide a sizable financial benefit to someone who is actively involved in the real estate business.

Often, whenever you do something yourself, you save more money than you would if you hired someone to do it for you. Accordingly, tax professionals will prepare your income tax return on your behalf - ...

I don’t prepare my own taxes. That wasn’t always the case. When we first started the law firm, I did taxes for the business and our family. And when we bought our rental property, I took that on, too.

TaxStatus launched two new tools to help financial advisors & CPAs improve accuracy, efficiency, and client readiness ahead of the 2025 filing season.

Filing your taxes can feel like a chore, so you might be tempted to outsource the labor to a tax professional. This will save you time and potential headaches, plus having a pro do your taxes can help ...

Which professional do I need for the tax calculation of a Roth conversion? A CFP, financial advisor or tax preparer? I’ve reached out to tax preparers before but they seemed to have no idea what I was ...