Mary M. Hudgens, PLLC

Long-term care insurance has the same tax-favored status as regular health insurance. With the high cost of assisted living and nursing home

Tax laws can be limiting when it comes to who can deduct losses caused by a catastrophe. Except for those in presidentially declared disaste

Oops...you found an error or omission on last year's tax return. What should you do? Is it always a good idea to file an amended tax ret

Workers taking part in the sharing economy often make tax mistakes. If you or someone you know is driving for Uber or renting out their home

Taxpayers can now request copies of fraudulently filed tax returns. This important step allows victims to take action to protect themselves.

Tax filing season is often a great opportunity to review your financial situation. Here are several key areas you should analyze during tax

Stop worrying and start preparing for the new qualified business income (QBI) deduction. Here are some tips to help you cut through the unce

An IRS ruling on virtual currencies like Bitcoin classifies them as property. This ruling has far-reaching consequences on this new concept.

Want to ensure your refund gets to you in the shortest amount of time? Want to avoid a letter from the IRS? Here are some of the most common

If you plan on claiming an education credit, make sure you follow the timing rules for expense payments.

Do you collect Social Security? Find out what's changed for 2019.

Considering a last-minute donation? You've still got time. Here are a few tips on the best way to proceed.

The aftermath of a natural disaster can be devastating. Fortunately, there are a few big ways the tax code can offer relief to those affecte

It's that time of the year to clean up your investment portfolio. Check out some year-end moves that might help your situation.

So you got an email from the IRS. Or did you? Here are three steps to follow to help you avoid becoming a victim of an email scam.

Have you misclassified your workers as independent contractors or employees? Find out now and make a fix.

Have you volunteered for a charitable organization? You may find that helping others has also helped you and your tax bill.

With all the major tax changes, it's more important than ever to make sure you're keeping the right records for tax purposes. Here a

Do you have a handle on your retirement plan distributions? If not, you could be faced with penalties or higher taxes. Consider these tips.

Business owners may face a lot of scrutiny if they borrow money from their company and then get audited. Find out how you can prepare.