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In tax lingo, your principal residence is the place where you legally reside. It’s typically the place where you spend most of your time, but several other factors are also relevant in determining your principal residence. Many of the tax benefits associated...

If you watch the budget battles in Washington, it might appear the only discussion about taxes is whether they should be increased, cut, or kept where they are. But policy experts are engaged in a tax conversation that may be more important—how to make...

M2RB:  Lyle Lovett (Stick around for Nobody Knows Me Like My Baby) The mystery masked man was smart He got himself a Tonto 'Cause Tonto did the dirty work for free But Tonto he was smarter And one day said, "Kemo Sabe Kiss my ass I bought a boat I'm...

From adultery to undocumented immigration, the space between how Donald Trump conducts his life and business and what he says on the campaign trail could cover the distance between Trump Tower and Mar-a-Lago. He claims his four business bankruptcies...

If you own real property that you could sell for a substantial profit, you may have wondered whether there’s a way to avoid or minimize the taxes that would result from such a sale. The answer is yes, if the property is business or investment related...