If you must include this information with your inquiry, you may call DOR at (317) 232-2240 and a representative will assist you. Can I pay Indiana Departm...

The first day to officially file your tax return is February 12, 2021. Almost 90% of tax refunds are processed and issued within 21 days. Can TurboTax est...

Buying a beach house can bring an excellent return on investment, a reliable income stream, and access to a delightful vacation spot. Many beach house inv...

What Is a Qualified Widow or Widower? To be eligible for qualified widow(er) status, the survivor must remain unmarried for at least two years following t...

As the recipient of an inherited property, you’ll benefit from a step-up tax basis, meaning you’ll inherit the home at the fair market value on the date o...

If you have owned the property for more than one year and sell for a profit, you will have a tax to pay but that tax will be a capital gains tax. Currentl...

Your basis is equal to the amount you originally paid for the property, plus any improvements you made, minus depreciation deductions. For example, say yo...

Rent at Fair Market Value So, if the taxpayer rents to a relative at below market value for longer than that, the house will be pushed out of the rental p...

You are not alone — millions of Americans are still waiting to get their checks from the IRS. “Here it’s April 9 and I still do not have my taxes,” Monica...

A salary continuation plan is a corporate sponsored benefit generally designed to replace an executive’s income in the event of his/her death, retirement ...