IRS Free File is good option for many employees

Younger taxpayers who want to get a head start on filing their taxes can take advantage of IRS Free File. IRS Free File, which will open to taxpayers on Monday, Jan. 27,  is available for taxpayers with modest incomes – less than $69,000 – making it the ideal solution for hourly employees and those still […]

Clear these hurdles to benefit from deducting investment interest expense

As you likely know by now, the Tax Cuts and Jobs Act (TCJA) reduced or eliminated many deductions for individuals. One itemized deduction the TCJA kept intact is for investment interest expense. This is interest on debt used to buy assets held for investment, such as margin debt used to buy securities. But if you […]