The IRS wants to remind all taxpayers that with the New Year fast approaching, there is still time for you to take steps that can lower your 2011 taxes. However,
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
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
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
With the summer wedding season in full swing, the Internal Revenue Service advises the soon-to-be married and the just married to review their changing tax status. If you recently got
If you earned income in the last few years but you didn’t file a tax return because your wages were below the filing requirement, the Internal Revenue Service may have
There is no doubt that we are facing the worst job market since World War II. The situation does not seem to get any better just yet. The apparent economic
There is no doubt that good record-keeping will help you remember the various transactions you made during the year, which in turn may make filing your return a less taxing
The tax filing deadline is just around the corner. The IRS offers 10 tips for taxpayers still working on their tax returns: File Electronically IRS e-file: It’s safe. It’s easy.
There are two federal tax credits available to help you offset the costs of higher education for yourself or your dependents. These are the American Opportunity Credit and the Lifetime