IRS Plans Jan. 30 Tax Season Opening For 1040 Filers Following the January tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the Internal Revenue Service announced today it plans to open the 2013 filing season and begin processing individual income tax returns on Jan.
Read more →
Tax Tips In The Season of Giving December is traditionally a month for giving generously to charities, friends and family. But it’s also a time that can have a major impact on the tax return you’ll file in the New Year. Here are some “Season of Giving” tips from the
Read more →
Eight Tips for Taxpayers Who Receive an IRS Notice Receiving a notice from the Internal Revenue Service is no cause for alarm. Every year the IRS sends millions of letters and notices to taxpayers. In the event one shows up in your mailbox, here are eight things you should know.
Read more →
Six Tips for Charitable Taxpayers Contributing money and property are ways that you can support a charitable cause, but in order for your donation to be tax-deductible, certain conditions must be met. Read on for six things the IRS wants taxpayers to know about deductibility of donations. 1. Tax-exempt status. Contributions
Read more →
Moving This Summer? Here are 10 Helpful Tax Tips School’s out for the summer, and summer is a popular time for people to move – especially families with children. If you are moving to start a new job or even the same job at a new job location, the IRS
Read more →
Win Olympic Gold, Pay the IRS? In an article by Hugh Johnson for Americans for Tax Reform, the author describes the tax implications of athletes coming up big at the 2012 Olympics. The author also states that the U.S. is virtually the only developed nation that taxes worldwide income earned
Read more →
Death, Taxes and Zombies We found this online recently and thought it was funny enough to post here… Law professor Adam Chodorow has authored a paper “Death and Taxes and Zombies” which will appear in a forthcoming issue of the Iowa Law Review. In his paper the Professor argues:
Read more →
IRS Tips on How to Fix Errors Made on Your Tax Return If you discover an error after you file your tax return, you can correct it by amending your return. Here are 10 tips from the Internal Revenue Service about amending your federal tax return: 1. When to amend
Read more →
The Worst Financial Mistake Small Businesses Make Most small to medium sized business owners are busy. Very busy in fact. In this economy they have to work harder and longer to get the results they need to survive. Longer working hours typically means that the things that don’t directly bring
Read more →
Start Planning Now for Next Year’s Tax Return The tax deadline may have just passed but planning for next year can start now. The IRS reminds taxpayers that being organized and planning ahead can save time, money and headaches in 2013. Here are eight things you can do now to
Read more →
