When you think of the three “R’s,” refunds, rebates and reimbursements may not be the first words that come to mind. However, they do go together in tax law. All three are common forms of recoveries, a tax term describing a type of miscellaneous income. (more…)
Posts Tagged ‘state taxes’
Don’t Overlook State Taxes in your Tax Planning
To keep more of what you make, tax planning at both the state and federal level is essential. Even if you live in an income tax-free state, you may not be able to escape state taxes entirely. (more…)
