My husband says we’ll be ‘homeless’ if we keep renting. Do we buy a home?
Dear MarketWatch, My husband is 68 and I’m 74. He makes $250,000 a year. We’re renting a townhouse in a ...
Read moreTag: Direct Taxation
With $10,000 a month in Social Security and pensions, should we donate our RMDs?
Dear MarketWatch, My wife and I are both 72. We have around $460,000 in IRAs that we have not had ...
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What’s the best way to pass property to heirs and avoid taxes?
Got a question about the mechanics of investing, how it fits into your overall financial plan and what strategies can help ...
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My wife owns her mother’s home. Can she avoid capital gains tax if she sells?
Dear MarketWatch, Before I married my wife, she took out a mortgage on a home in El Paso, Texas so ...
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Make less than $400,000? Don’t worry about an IRS audit. Here’s why.
Some clarity is emerging regarding statements from Biden administration officials that no one making less than $400,000 will see higher ...
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The IRS wants more people working in tax enforcement. Now it has to find them.
The Internal Revenue Service is planning a hiring spree for top-tier talent as it uses $80 billion to upgrade the ...
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Dear Tax Guy: I just started renting my house out on Airbnb. What income-tax deductions can I claim on this property?
Dear Tax Guy, I just started renting my house out on Airbnb. I started a limited liability company to keep ...
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How to pay for reparations in California? ‘Swollen’ wealth could replace ‘stolen’ wealth through taxes
The panel responsible for the nation’s first state-level exploration of reparations for Black Americans discussed an important question this weekend: ...
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