Blog Posts
Filing Deadlines and Extensions
Concise Takeaway Most individual tax returns are due April 15, with automatic extensions available. Special deadline rules apply to combat zone service members and taxpayers living abroad. Standard Filing Deadlines The income tax return is due on the 15th day of the...
Education‑Related Benefits
Education benefits can be excluded from income when they meet specific statutory requirements....
Military and Government Disability Pensions
Certain disability pensions paid by government services are excluded from income when the...
Employer‑Provided Benefits and Awards
Many employer‑provided benefits are taxable unless a specific exclusion applies. A fringe benefit...
Discharge of Qualified Principal Residence Indebtedness
A taxpayer may be able to exclude income from the cancellation of qualified principal residence...
Gain on Sale of Main Home (Section 121)
A taxpayer who meets Section 121 requirements may exclude gain from the sale of a main home. If...
Municipal Bond Interest
Interest on municipal bonds is generally excluded from federal income tax when the bond is issued...
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