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Claiming Casualty & Theft Losses on Your Tax Return

Virtually everyone has suffered a loss, whether it's an accident, which may be covered by accident insurance, or theft. Tornadoes, earthquakes, wildfires, hurricanes,...

How to Retire Without a Mortgage

Retirement should be about living your best life, and enjoying what you love, whether it is relaxing on the beach or on the golf course. It shouldn't involve worrying about...

Posted 11/30/2022 by Taxes Made EZ Inc

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What Is a Marriage Tax Penalty?

The Tax Cuts and Jobs Act of 2017 has some features that are not beneficial for couples. However, the law is unpleasant and an additional tax burden for couples compared to single...

Are Merit Awards & Prizes Taxable

It may come as a surprise that awards and prizes are taxable. The prize is filed under income tax if a taxpayer receives an award from a competition. This is because the market...

Posted 11/30/2022 by Pat Raskob

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