Children who receive investment income are subject to special tax rules that affect how parents must report a child’s investment income. Some parents can include their child’s investment income on…

Got kids? They may have an impact on your tax situation. Here are eight tax credits and deductions that can help lower your tax burden. Dependents: In most cases, a…

Tax-related identity theft occurs when someone uses your stolen Social Security number to file a tax return claiming a fraudulent refund. It presents challenges to individuals, businesses, organizations and government…

Tax planning is the process of looking at various tax options to determine when, whether, and how to conduct business and personal transactions to reduce or eliminate tax liability. Many…

One of the most important questions you face when changing jobs is what to do with the money in your 401(k). Making the wrong move could cost you thousands of…

In an effort to beat the heat and enjoy a little fun in the sun, Cover & Rossiter surprised its employees with a frozen treat from Cajun Sno! A Cajun-Sno…

Special tax benefits apply to members of the U. S. Armed Forces. For example, some types of pay are not taxable. And special rules may apply to some tax deductions,…

National Hurricane Season is officially in progress. If you suffer damage to your home or personal property, you may be able to deduct the losses you incur on your federal…

More than 52 percent of businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills into dollars. Garages, basements, and…

Travel Expenses Tax law allows you to deduct two types of travel expenses related to your business, local and what the IRS calls “away from home.” I. First, local travel…