Many investors have access to investments that allow for reinvestment of dividends and mutual fund distributions. Up until a few years ago, this has primarily been restricted to dividend reinvestment plans (DRIPs) and mutual funds. Now brokerage firms will reinvest dividends for stock holdings that are held in street name. These reinvestment options complicate the preparation of your tax return when the investments are sold. The following will give you an explanation of how to keep track of your cost basis.

 Full Article    Save Article  
 Email Firm  

The IRS has acknowledged the certification by General Motors Corp. that its 2007 Saturn Aura Hybrid vehicle meets the requirements of the Alternative Motor Vehicle Credit as a qualified hybrid motor vehicle.

 Full Article    Save Article  
 Email Firm  

Don’t forget that you may still be able to deduct up to $250 of out-of-pocket classroom expenses

 Full Article    Save Article  
 Email Firm  

It used to be prohibited and/or frowned upon, but now some companies are encouraging workers to sleep during the business day.

 Full Article    Save Article  
 Email Firm