IRS Offers Tips for Year-End Giving

December 28, 2011 0 Comments 9 tags

WASHINGTON — Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include

IRS Announces 2012 Standard Mileage Rates, Most Rates Are the Same as in July

December 28, 2011 0 Comments 8 tags

WASHINGTON — The Internal Revenue Service today issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving

IRS Seeks to Return $153 Million in Undelivered Checks to Taxpayers; Recommends e-file, Direct Deposit to Avoid Future Delivery Problems

December 27, 2011 0 Comments 8 tags

Video: Undeliverable Refunds: English | Spanish | ASL Podcast: Undeliverable Refunds WASHINGTON — In an annual reminder to taxpayers, the Internal Revenue Service announced today that it is looking to

IRS Announces Pension Plan Limitations for 2012

December 27, 2011 0 Comments 4 tags

WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012. In general, many of

Five Reasons You Should Volunteer to Help Prepare Tax Returns

December 27, 2011 0 Comments 0 tags

The Internal Revenue Service is currently seeking volunteers to support partners that provide free tax help to individuals during the tax filing season. The Volunteer Income Tax Assistance (VITA) and

What Employers Need to Know About Claiming the Small Business Health Care Tax Credit

December 19, 2011 0 Comments 0 tags

Many small employers that pay at least half of the premiums for employee health insurance coverage under a qualifying arrangement may be eligible for the small business health care tax

Three Tips for Employers Outsourcing Their Payroll

December 19, 2011 0 Comments 0 tags

Outsourcing payroll duties to third-party service providers can streamline business operations, but the IRS reminds employers that they are ultimately responsible for paying federal tax liabilities. Recent prosecutions of individuals

Small Business Health Care Tax Credit

September 7, 2011 0 Comments 5 tags

As Tax Filing Extension Deadlines Near, IRS and HHS Announce New Round of Outreach to Small Businesses and Practitioners About the Small Business Health Care Tax Credit Video: Small Business

IRS Provides Tax Relief to Victims of Hurricane Irene

September 1, 2011 0 Comments 2 tags

WASHINGTON –– The Internal Revenue Service is providing tax relief to individual and business taxpayers impacted by Hurricane Irene. The IRS announced today that certain taxpayers in North Carolina, New

How to Reduce Tax-Time Stress

August 26, 2011 0 Comments 7 tags

Many taxpayers cannot maximize their tax refund or cannot reduce their tax liabilities because when tax filing, they cannot find the records to support their claims. Obviously, you may think