With mortgage interest rates at near-record lows, you may be tempted to refinance an existing mortgage. Does it make sense? It depends on your circumstances. Read More

The IRS has yet to issue formal guidance on whether multiple vehicles can qualify for the new vehicle sales tax deduction (see Read the 'fine print' on new car deductions). But taxpayers can expect some good news on the way. Read More

The Department of the Treasury has formally released its explanations of President Obama’s tax proposals for the 2010 fiscal year. The long-awaited “Green Book” (named for the color of the cover) provides vital in-depth information for both individual and business taxpayers. Read More

Have you looked into starting a retirement plan for your small business operation? You’d probably like to help employees salt away some money for the future, but you may have decided most options are too expensive to set up and administer. Or perhaps it’s just too much of a hassle for you right now. Read More

The IRS revised its withholding tables in February to reflect the new Making Work Pay credit. The new credit will result in more take-home pay for more than 120 million American households. But many retirees with pensions won’t qualify for the credit and thus could end up underwithholding for the year. This could reduce an expected tax refund or create an unexpected tax bill. Read More

Several readers have asked us about the tax incentives for being energy-conscious under the new economic stimulus law. Read More

Say you’re contemplating an investment in a new business venture. It’s somewhat risky, given the current economic conditions, but you may want to help a relative or friend get the business off the ground. Read More

Common situation: You help a low-income parent, in-law or other elderly relative with his or her living expenses. Under the tax law, you can’t claim a dependency exemption ($3,650 for 2009) for that person unless you provide more than half of his or her annual support. Read More