Year-end tax planning could be especially productive this year because timely action could nail down a host of tax breaks won’t be around next year
Tag: tax tips
Tax Tips – Individuals Selling Their Home
Ten Tax Tips for Individuals Selling Their Home If you’re selling your main home this year, the IRS has some helpful tips for you. Even
Tax Tips – Summer Tune-up for Tax Records
During the summer, you may not think about doing your taxes, but maybe you should. Some of the expenses you’ve paid over the past few
Tax Tips – Deducting Moving Expenses
If you make a work-related move, you may be able to deduct the costs of the move. This may apply if you move to start
IRS Launches Site to Explain Affordable Care Act
The IRS has launched a new Affordable Care Act Tax Provisions website at IRS.gov/aca to educate individuals and businesses on how the health care law
Tax Tips – Back-to-School Tips for Students and Parents
Going to college can be a stressful time for students and parents. The IRS offers these tips about education tax benefits that can help offset
Tax Tips – Gambling Income and Losses
Six Tips on Gambling Income and Losses Whether you roll the dice, play cards or bet on the ponies, all your winnings are taxable. The
Tax Tips – Special Tax Benefits for Armed Forces Personnel
If you’re a member of the U.S. Armed Forces, the IRS wants you to know about the many tax benefits that may apply to you.
Tax Tips for Taxpayers Who Travel for Charity Work
Do you plan to travel while doing charity work this summer? Some travel expenses may help lower your taxes if you itemize deductions when you
Tax Tips if You’re Starting a Business
If you plan to start a new business, or you’ve just opened your doors, it is important for you to know your federal tax responsibilities.