If selling your house is in the near future, you a few things to keep in mind. For example, the sale of your home could put you in another tax bracket, that is unless you may also qualify to exclude all or part of the income from the sale. Below tax tips you need to know when you sell your home:
As Americans wrap up celebrating Memorial Day, the IRS wants to give those serving in the military a little extra education about the unique nature of their taxes. Members of the armed forces are often eligible for certain tax breaks. For example, special military-only rules mean military families are exempt from taxes on certain types of income, might pay less in taxes, or could have more time to file and pay their taxes.